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You are here: Home1 / Prometeon Tyre Group

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Luca Frangi appointed Prometeon Eastern Europe CEO

Career Tracks, International News
Prometeon

Prometeon Tire Group has appointed Luca Frangi as CEO for its Eastern European organisational structure. Frangi has almost 20 years of experience within Pirelli. He will take up his new position in July 2022. Prometeon added that Jarosław Krzempek will leave the company from 8 July 2022 to take advantage of new professional opportunities.

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Related news:

  1. Prometeon announces new worldwide organizational and commercial structure
  2. Tronchetti Provera proposes Prometeon chairman as deputy CEO of Pirelli
  3. Roberto Righi becomes deputy general manager at Prometeon Tyre Group
  4. Yokohama appoints ex-Prometeon COO as European president
24th June 2022/0 Comments/by Andrew

Prometeon launches Pirelli-branded Serie 02 truck tyre range

Company News, International News, Product News
Prometeon

In early May, Prometeon Tyre Group launched its Pirelli-branded Serie 02 truck tyre range in Venice, Italy. More than 200 customers from 10 countries were invited to learn about the launch of the Serie 02, which has been on sale in the EMEA region since April. General manager Roberto Righi, chief technical officer Alexandre Bregantim, head of marketing Sabina Oriani and region Europe CEO Francesco Antonacci were all on-hand to explain about Prometeon’s latest products and strategies.

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Related news:

  1. Kirkby positioning Pirelli as premium truck tyre offer
  2. Goodyear opens its ‘Convoy’ e-commerce truck tyre programme to everyone
  3. Prometeon presents Pro Check fleet inspection and monitoring system
  4. Goodyear goes all-digital at Solutrans
18th May 2022/by Chris

Prometeon launches new-generation Pirelli commercial range

Product News
Prometeon

Prometeon is introducing a new generation of Pirelli-branded truck tyres, with five product lines for long haul, regional, urban and construction site applications arriving in EMEA markets early April. The range includes the first long haul Prometeon tyre with an EU label A rating for fuel efficiency.

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Related news:

  1. Aeolus hosts more than 200 in Italy for launch of Neo commercial tyre series
  2. Pirelli H:01 Proway promises better mileage, economy & safety
  3. The Tire Cologne: Prometeon showing latest Pirelli products
  4. Anteo: Prometeon’s new brand for tier 3
24th March 2022/by Stephen

Yokohama appoints ex-Prometeon COO as European president

Career Tracks, Company News, International News
Yokohama

Yokohama has appointed Gregorio Borgo as president and CEO of Yokohama´s European headquarters, Yokohama Europe GmbH. He succeeds the current president, Hiroyuki Shioiri, who becomes chairman of Yokohama Europe GmbH effective 10 October 2021.

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Related news:

  1. Roberto Righi becomes deputy general manager at Prometeon Tyre Group
  2. Increased capacity, exports: Prometeon investing $115 million in Turkey
  3. Camfin gains right to buy up to 15% of Pirelli shares
  4. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
5th October 2021/by Chris

Prometeon Tyre Group opens $15 million R&D Centre in Turkey

International News

Prometeon Tyre Group has opened its largest global dedicated R&D Centre at its plant in Kocaeli, Turkey. The opening ceremony was held in the presence of Mustafa Varank, Minister of Industry and Technology of Turkey. Representing Prometeon were Roberto Righi, deputy general manager of Prometeon Tyre Group, Alexandre Bregantim, global chief technical officer of Prometeon Tyre Group, Lale Cander, chairwoman of Prometeon Turkey, and the entire management team of Prometeon Turkey. The event was held with a limited number of guests, in line with the ongoing pandemic measures.

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Related news:

  1. Increased capacity, exports: Prometeon investing $115 million in Turkey
  2. Petlas aims to increase car and truck tyre sales with factory investments
  3. TP Commercial Solutions opens North American headquarters in San Diego
  4. Report: Yokohama has signed ‘no shop contract’ with Prometeon
9th September 2021/by Andrew

Prometeon expands warehouse, adds to Pirelli IF agri range

Company News, Product News

Prometeon Tyre Group shares that it recently extended storage capacity at its central warehouse in Germany to accommodate additional stocks of agricultural tyres. The tyre maker says it expanded warehouse operations in order to speed up delivery times throughout the region as well as to offer better its trading partners a higher level of service, however, it that this extra capacity at the Dieburg site, which has been available since 1 July, coincides with growth in its Pirelli IF agricultural tyre range.

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Related news:

  1. The Tire Cologne: Prometeon showing latest Pirelli products
  2. Bridgestone to expand multi-brand agricultural strategy in Europe
  3. Kirkby Tyres’ 80,000sqft central distribution centre expansion nears completion
  4. Yokohama Prometeon bid nearing completion, Aeolus Tyres now involved
2nd August 2021/by Stephen

Roberto Righi becomes deputy general manager at Prometeon Tyre Group

Career Tracks, Company News, International News
PneusNews

Prometeon Tyre Group has named Roberto Righi as deputy general manager. The appointment, which takes effect immediately, means Righi will report directly to the board of directors.

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Related news:

  1. Tronchetti Provera proposes Prometeon chairman as deputy CEO of Pirelli
  2. Prometeon appoints Ali Yilmaz as UK, Eire and Nordic marketing manager
  3. Prometeon announces new worldwide organizational and commercial structure
  4. Increased capacity, exports: Prometeon investing $115 million in Turkey
28th July 2021/1 Comment/by Chris

PJ Thory installs TyreWatch TPMS across mixed service truck fleet

Product News, UK News

PJ Thory Ltd has installed a TyreWatch system to monitor and control tyre maintenance and safety across its extensive 8-wheeler HGV fleet. The firm’s diverse operation spans mixed haulage, aggregate supplies, waste management and demolition. Working with TyreWatch technicians and Prometeon Tyre Group, the agro and off-road tyre specialist, PJ Thory, undertook an analysis and short trial to assess their requirements and bed-in the new tyre pressure management system (TPMS), which is now fitted to 11 Scania vehicles with a number of new DAF 8 wheelers to follow.

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Related news:

  1. Giti Fleet SMART TPMS launched at CV Show 2019
  2. How tyre telematics maximise fleet efficiency: Conti
  3. TyreWatch to unveil cost-cutting, safety, environmental protection for fleets
  4. Michelin grows tyre contract with Huntapac Produce
5th July 2021/by Andrew

Sinochem Holdings established through ChemChina, Sinochem restructuring

Company News, International News

The restructuring of Sinochem Group Co., Ltd. and China National Chemical Corporation Ltd. (ChemChina) has resulted in the establishment of a new entity, Sinochem Holdings Corporation Ltd. (Sinochem Holdings). As of 8 May 2021, both Sinochem Group and ChemChina became wholly-owned subsidiaries of the new state-owned enterprise, which is said to be the world’s largest chemical conglomerate.

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Related news:

  1. ChemChina names Sinochem boss as new chairman
  2. Pirelli major shareholder Chemchina restructuring
  3. Marco Polo/ChemChina buy almost 10 per cent of Pirelli shares
  4. China’s State Council approves ChemChina, Sinochem restructuring
11th May 2021/by Stephen

Prometeon increases margin to 13.6% as ‘turnaround’ officially ends

Company News

Prometeon Tyre Group (PTG) has declared its two-year turnaround process over and underpins this with its recently-released annual results for 2020. Giorgio Bruno, chief executive officer of Prometeon Tyre Group and Gregorio Borgo, chief operating officer, state that the “turnaround path is ended” and that PTG is “stronger and more resilient,” having been able to “improve margins, protect cash and strengthen asset structure, despite the pandemic.”

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  1. Apollo Tyres annual net profit up 12 per cent, but European sales slide
  2. Nokian Tyres increases sales, profits
  3. Delticom: Income significantly up in H1 2018
  4. Hankook Tire: Lower profits in H1 2019
26th April 2021/by Stephen

Tronchetti Provera proposes Prometeon chairman as deputy CEO of Pirelli

Career Tracks, Company News, International News
Pirelli

Pirelli executive vice chairman and CEO, Marco Tronchetti Provera, has proposed current Prometeon Tyre Group (PTG) chairman and CEO Giorgio Luca Bruno as Pirelli deputy-CEO, reporting directly to him. Tronchetti Provera made the proposal with the aim of supporting the execution of Pirelli’s forthcoming industrial plan, which will be presented on 31 March 2021, according to a company statement dated 24 March 2021.

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Related news:

  1. Increased capacity, exports: Prometeon investing $115 million in Turkey
  2. Camfin gains right to buy up to 15% of Pirelli shares
  3. The Tire Cologne: Prometeon showing latest Pirelli products
  4. Prometeon appoints Ali Yilmaz as UK, Eire and Nordic marketing manager
24th March 2021/by Chris

ChemChina entrusts Aeolus with Prometeon Tyre Group shares

Company News, International News
Prometeon share ownership pie chart

Aeolus Tyre Co Ltd and its controlling shareholder, China National Tire & Rubber Co. Ltd (CNRC, which is itself owned by Chinese petrochemical giant ChemChina) executed a “share entrustment agreement” on 30 November 2020. According to the agreement, CNRC will “entrust” its 52 per cent shareholding in Prometeon Tyre Group Srl to Aeolus for three years. But the three-year term will be automatically renewed upon expiry.

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Related news:

  1. Prometeon/Aeolus integration stalls
  2. Pirelli and ChemChina agree closing date, triggering mandatory tender offer
  3. Camfin gains right to buy up to 15% of Pirelli shares
  4. Pirelli: Nokian merger rumours false
11th December 2020/by Chris

Camfin gains right to buy up to 15% of Pirelli shares

Company News, International News, Premium

Pirelli shareholder Camfin now has the right to buy up to 15 per cent of Pirelli shares. The news came when Camfin announced on 26 September that it had underwritten “an additional financial instrument, maturing in September 2022, denominated ‘Call Spread’ with 8.9 million Pirelli shares underlying”. Call Spread’s shareholding equates to 0.89% of Pirelli’s share capital.

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Related news:

  1. Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon
  2. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
  3. Pirelli: Nokian merger rumours false
  4. Pirelli shareholding to be controlled by ChemChina
27th September 2019/by Chris

Pirelli H:01 Proway promises better mileage, economy & safety

Product News

With the introduction of the Pirelli H:01 Proway line, Prometeon Tyre Group says it is offering tyres that provide “maximum efficiency in long-distance transportation” thanks to reduced rolling resistance and improved durability. Two tyres are available in this latest evolution of the :01 Series – the steer axle Pirelli FH:01 Proway and the drive axle TH:01 Proway.

Read more

Related news:

  1. The Tire Cologne: Prometeon showing latest Pirelli products
  2. Anteo: Prometeon’s new brand for tier 3
  3. Aeolus to launch third generation truck and bus radial tyres at Autopromotec
  4. Aeolus hosts more than 200 in Italy for launch of Neo commercial tyre series
13th September 2019/by Stephen

Peter Fairlie becomes Prometeon UK managing director

Career Tracks

Prometeon Tyre Group UK Ltd has appointed Peter Fairlie its new managing director. He will be based at the company’s head office in Burton on Trent and will be responsible for Prometeon Tyre Group’s business in the UK, Ireland and the Nordic markets.

Read more

Related news:

  1. Prometeon announces new worldwide organizational and commercial structure
  2. Simon Michael appointed Prometeon MD
  3. Prometeon/Aeolus integration stalls
  4. Camfin gains right to buy up to 15% of Pirelli shares
31st July 2019/by Stephen
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