Milan,
09
March
2020
|
12:37
Europe/Amsterdam

PIRELLI: NO IMPACTS ON PRODUCTION ACTIVITIES FROM COVID-19. ALL BUSINESS ACTIVITIES GUARANTEED

Milan, 9 March 2020 - In light of the latest provisions from the Italian government, Pirelli took immediate steps to facilitate the continuity of all its business activities, which are therefore guaranteed.

There are no impacts on production activities. Today the Italian market accounts for 5.8% of the Pirelli group’s total revenues and Car tyre production in Italy represents 7.5% of the group’s total. There are 3,247 employees in Italy.

The personnel needed to guarantee production, whose health is the absolute priority and for this reason safeguarded with all possible healthcare precautions, are working at the plants in Settimo Torinese and Bollate.

Road transportation is allowed to and from “reinforced containment” areas and therefore we do not foresee the provisions issued having significant impacts on the transportation of goods.

Pirelli’s structures are in constant contact with the relevant Institutions to receive instructions in real time and best manage the logistics of production and supply.

All other Pirelli operations in the world are fully operational and also the situation in China, where the company gained valuable experience, is quickly returning to normal.

Published on: 9 March 2020, 12:37 CET