Pirelli & C. S.p.A.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Andrea Livio Donato Casaluci
- Full Time Employees
- 30,999
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Viale Piero e Alberto Pirelli n. 25 Milan MI Italy 20126
- IPO Date
- Oct 4, 2017
- Website
- pirelli.com
- Similar Companies
- Business
- Pirelli & C. S.p.A. Pirelli & C. S.p.A. manufactures and markets premium tires for the consumer market, focusing on high-value products for cars, motorcycles and bicycles; it offers innovative tire lines such as the P Zero series for high-performance and prestige vehicles, Cinturato for all-season and winter conditions including the new Cinturato Winter 3 and Cinturato AS SF3, Diablo for premium motorcycles, and Scorpion for bicycles with industrial-scale production at its Milan-Bollate facility; additional technologies encompass the Cyber Tyre system for real-time data integration with vehicle electronics, FSC-certified natural rubber in all European plants by 2026, and tires with bio-based and recycled materials targeting 100% by 2040. Founded in 1872 and headquartered in Milan, Italy, the company operates 18 production plants across 12 countries with capacity for 75 million car tires annually, maintains a commercial presence in over 160 countries through 20,000 points of sale, and employs around 31,200 people while generating €6.8 billion in 2024 revenues primarily from high-value segments representing 76% of sales. Pirelli competes as a pure consumer tire company in the Tier 1 category, leads the prestige original equipment market with over 50% share, and transfers motorsport innovations from its roles as Formula 1 tire supplier through 2027, exclusive MotoGP partner from 2027, Moto2 and Moto3 supplier since 2024, and various GT, rally and cycling championships including partnerships with TREK Factory Racing and Alpecin-Deceuninck. In recent developments, Pirelli forms a strategic long-term partnership with CTS in April 2025, enabling CTS to acquire its Däckia AB network in Sweden while securing a supply agreement through 2030 to bolster high-value presence in the Nordics' EV-heavy market; it extends SRO Motorsports America tire supply through 2028 for GT3, GT2, GT4 and Touring Cars, launches tires for the McLaren W1 supercar, and announces 2026 F1 compound ranges amid motorsport expansions. The company invests 5.3% of high-value revenues in R&D with 2,100 staff, 6,000 patents and open innovation via its Digital Solutions Center, upholds sustainability through Net Zero by 2040 and UN Global Compact alignment, and sustains leadership via ongoing prestige OEM collaborations and sporting engagements.
Company News
Czech tycoons eye stake in Pirelli held by China's Sinochem, newspaper says
Pirelli says China investors appeal Italy's golden power ruling
Tire giant Pirelli vows legal action as short seller alleges ‘close relationship' with Russia
Pirelli & C. S.p.A. (PLLIF) Q1 2026 Earnings Call Transcript
Pirelli to make Cyber Tyres in US after Italy curbs China influence
Italy's Pirelli buys 30% of Sweden's Univrses to boost AI tyre tech
Pirelli raises prices as part of Middle East crisis mitigation plan
China's Sinochem says may appeal to court over Italy's curbs on its Pirelli stake
Pirelli & C. S.p.A. (PLLIF) Q4 2025 Earnings Call Transcript
Italy's Pirelli investor Camfin says it will not renew shareholder pact with Sinochem
Italy, Pirelli explore new ways to end Chinese involvement in tyremaker, FT reports
EV Ferrari won't sell in Europe but will in Asia, Pirelli's Tronchetti says
Pirelli & C. S.p.A. (PLLIF) Q3 2025 Earnings Call Transcript
Italy on right track to solve Pirelli's governance issues, minister says
Italy's Pirelli to supply carmaker Aston Martin with Cyber Tyre technology
Pirelli & C. S.p.A. (PLLIF) Q2 2025 Earnings Conference Call Transcript
Pirelli boss says issues with China's Sinochem will be fixed
U.S. warns Pirelli on possible sale restrictions over Chinese investors, Bloomberg says
Pirelli's Chinese investor rejected 'unfair' proposal but open to collaborate
Pirelli & C. S.p.A. (PLLIF) Q1 2025 Earnings Call Transcript