Pirelli CEO says company is not currently planning any factory closures
ReutersOct 29, 2024 10:30 AM
MILAN (Reuters) - Italian tyremaker Pirelli is not planning to close any of its factories as a response to the crisis of the automotive industry, CEO Andrea Casaluci said at a business conference in Milan.
Casaluci said Pirelli had already restructured its operations in 2018-2019, closing one plant in Britain, and was now working on modernising its production facilities especially in Europe and South America.
(Reporting by Giulio Piovaccari, writing by Alvise Armellini, editing by Francesca Piscioneri)
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