Tag: Marco Tronchetti Provera

Pirelli shareholders’ agreement renewed

Pirelli shareholders’ agreement renewed

2nd August 2019 | 0 Comments

A three-year extension to the Shareholders’ Agreement covering the governance of Pirelli & C. S.p.A was agreed upon yesterday. This extension will take effect from the publication date of the notice convening the Pirelli shareholders’ meeting for approving the company's 2019 financial statements.

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Prince Charles visits Pirelli’s Carlisle tyre plant

Prince Charles visits Pirelli’s Carlisle tyre plant

8th April 2019 | 0 Comments

The Pirelli tyre plant in Carlisle hosted a royal guest today to mark its 50th year of operation. His Royal Highness The Prince of Wales was welcomed at the plant by Marco Tronchetti Provera, chief executive officer and executive vice-chairman of Pirelli, along with Andrew Mitchell, HM Trade Commissioner for Europe, and Raffaele Trombetta, Italy’s Ambassador to the UK, senior Pirelli management and many employees.

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Pirelli: 4 more years with Formula 1

Pirelli: 4 more years with Formula 1

26th November 2018 | 0 Comments

Pirelli will remain global tyre partner of the FIA Formula One World Championship until the end of the 2023 season after extending its current contract – which lasts until the end of the 2019 season – for a further four years. Pirelli notes that the agreement to extend the partnership was “completed in a short timeframe” on the back of the “successful partnership over recent years.”

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Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity

Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity

30th October 2018 | 0 Comments

Pirelli Tyre Russia and Rostec have placed their signatures upon a memorandum covering plans to more than double production capacity at the Voronezh Tire Plant in southwest Russia. This agreement formalises the long-held aim of increasing capacity at the joint venture facility from 2 million to more than 4 million passenger car tyres per annum.

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Pirelli to use ‘Patent Box’ tax breaks to further shift high value/standard balance

16th October 2018 | 0 Comments

Pirelli is looking forward to tax concessions worth millions through its participation in the ‘Patent Box’ tax regime. Yesterday the tyre maker signed an agreement with the Italian tax office covering the 2015 to 2019 fiscal years; it estimates that the tax benefit for the three fiscal years to 2017 alone will amount to approximately 54 million euros.

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Pirelli joins UN Road Safety Trust Fund

Pirelli joins UN Road Safety Trust Fund

29th August 2018 | 0 Comments

Pirelli has become the first tyre company to join the United Nations Road Safety Trust Fund, pledging a contribution of US$600,000 (2018-2019) to help the fund in its global road safety efforts. At the same time, the company’s chief sustainability and risk governance officer, Filippo Bettini, was nominated to a seat on the fund’s Advisory Board.

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Pirelli and Prada sponsor Luna Rossa’s new America’s Cup challenge

Pirelli and Prada sponsor Luna Rossa’s new America’s Cup challenge

13th August 2018 | 0 Comments

Pirelli has signed an agreement with Luna Rossa Challenge for the constitution of a partnership aimed at the development of a multi-year project which will lead to Luna Rossa’s participation in the next edition of the America’s Cup, set for New Zealand in 2021. Pirelli and Prada will be co-titled sponsors of the vessel and will detail their plans at a soon-to-be-organised event.

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Ning Gaoning tipped to become Pirelli’s new chairman

Ning Gaoning tipped to become Pirelli’s new chairman

2nd August 2018 | 0 Comments

As a consequence of his announced retirement as chairman of China National Chemical Corporation (ChemChina), Ren Jianxin has resigned from all roles he held on the Board of Directors at Pirelli & C. S.p.A. His resignation took effect 30 July. Pirelli has officially thanked Ren for his “contribution to the company in these years.”

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Mexico honours Pirelli’s Tronchetti Provera

Mexico honours Pirelli’s Tronchetti Provera

26th April 2018 | 0 Comments

At a ceremony held at the Mexican Embassy in Rome on Monday, the Águila Azteca (Order of the Aztec Eagle) was bestowed upon Marco Tronchetti Provera. The Pirelli executive vice-president and chief executive offer received this, the highest honour the government of Mexico grants to foreigners, for services rendered to the country.

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Pirelli develops organisation to support its Integrated Business Model

18th April 2018 | 0 Comments

At the Pirelli Board of Directors meeting scheduled for 14 May 2018, Marco Tronchetti Provera will present to board members the tyre maker’s proposal for developing an organisation to support the company’s Integrated Business Model. This proposed organisation, which the executive vice-chairman and chief executive officer has already shared with the chairman of the board, involves a new distribution of responsibility within the company.

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Pirelli supporting ‘High Value’ strategy in Latam with major investment

23rd March 2018 | 0 Comments

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Pirelli sponsoring Emirates Team New Zealand in America’s Cup

Pirelli sponsoring Emirates Team New Zealand in America’s Cup

15th May 2017 | 0 Comments

While tyres help Formula One cars to maintain control, on a boat this job falls to the rudder. Therefore, it is fitting that these components on the Emirates Team New Zealand entry in the 2017 America’s Cup 2017 feature Pirelli branding. The ‘long P’ logo on its familiar yellow background is present thanks to a new partnership agreement signed between Pirelli and the two-time America’s Cup winner. The Pirelli logo will also appear on the boat’s hull.

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Pirelli industrial/consumer tyre business split continues

Pirelli industrial/consumer tyre business split continues

5th April 2017 | 0 Comments

In parallel with presenting its full-year 2016 results, Pirelli has revealed further details of its complex ownership structure and how it is splitting its consumer and industrial tyre business into two separate entities. The latest news is that, as of March 2017, TP Industrial holding (which owns the newly renamed PTG, which was called Pirelli industrial until recently – more on that later) has been separated out from Pirelli’s consumer tyre business. In practice this means the assignment of TP Industrial holding to Marco Polo, Pirelli’s sole shareholder. According to Pirelli, the assignment will “ensure that Pirelli and TP Industrial can pursue their own independent paths to growth and independently developed strategies”.

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Heritage & high-tech: Pirelli celebrates 110th motorsport anniversary

Heritage & high-tech: Pirelli celebrates 110th motorsport anniversary

15th February 2017 | 0 Comments

Pirelli has celebrated 110 years of motorsport activity. At events held this week in Turin, Italy, the tyre maker celebrated its long competitive heritage at Turin’s National Automobile Museum and also opened the doors to the plant where its most advanced products are manufactured.

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Pirelli in 100 Pictures’ exhibition opens

Pirelli in 100 Pictures’ exhibition opens

23rd January 2017 | 0 Comments

If a picture truly is worth a thousand words, then Pirelli has saved itself pages of prose by supplying the content for an exhibition currently being held in Italy. On 18 January, Archimede Library in Settimo Torinese opened the doors to the ‘Pirelli in 100 Pictures: Beauty, Innovation, Manufacturing’ exhibition, a visual glimpse into the company’s 140 years of history. The exhibition runs until 1 May.

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