Russia: Pirelli signs €222m JV production agreement

Pirelli has signed an agreement with Russian companies Sibur Holding and Russian Technologies, which will see Sibur transfer industrial assets to the joint venture being set up by Pirelli and Russian Technologies for €222m (US$321.98m). This agreement calls for the transfer of the Kirov plant by November 2011. At present, the Subscribe to Automotive World … Continued

• By Webmaster
• July 26, 2011