Latest News for PLLIF
Czech business leaders Michal Strnad and Pavel Tykac are interested in buying part of the stake held by China's Sinochem in Italian tyremaker Pirelli , Italian daily Corriere della Sera reported on Friday.
Pirelli said on Monday China National Tire & Rubber Corporation (CNRC) and its unit Marco Polo International had appealed, separately, to an Italian regional administrative court against government-imposed conditions linked to their stake in the tyre maker.
Pirelli said it had instructed lawyers to take legal action after Grizzly Research published a report on Thursday. Grizzly claims Pirelli derives more profits from its Russian operations than its public disclosures suggest.
Pirelli & C. S.p.A. (PLLIF) Q1 2026 Earnings Call Transcript
Pirelli will start producing Cyber Tyres in the United States, it said on Wednesday, after Italy curbed the influence of the premium tyre maker's Chinese investor Sinochem in a bid to help its expansion across the Atlantic.
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