PIRELLI & C. S.P.A.

Company Snapshot

Founded: 1872
Entity Type: Public
Employees: 31,219
Region: Europe
Revenue: $7,330.1 Millions
Revenue Year: 2024
Headquarter: Milan, Italy
Key Geographics: Europe, North America, Asia-Pacific, South America, MEAI, Russia
Corporate Address: Viale Piero e Alberto Pirelli n. 25 20126 Milan, Italy Tel. +39-02-64421 www.pirelli.com

Company Overview

Pirelli operates 18 production plants in 12 countries and has a commercial presence in over 160 countries. It is one of the major producers of tires and related services and focuses on the consumer tire business, including tires for cars, motorcycles, and bicycles.

Pirelli has 74 million production capacity of car tires annually. Pirelli Cyber Tyre contributes to the delivery of important information to improve vehicle performance and driving safety. The company invested in R&D for innovative, renewable, and recycled materials, which enabled an acceleration in the use of silica from rice husk, a bio-circulating material that reached 10% of the total silica used in 2023 (compared to 5% in 2022 and 1% in 2021).

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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PIRELLI & C. S.P.A. In Reports

Green Tires Market

BCC Research Market Analyst says global market for green tires is expected to grow from $88.2 billion in 2024 and is projected to reach $152.7 billion by the end of 2029 at a CAGR of 11.6%.

Company's Business Segments

  • Product : High-Performance Tyres, Motorsport Tyres, Others
  • Service : Manufacturing and Smart Production, Retail and Brand Experience, Partnerships, Others

Applications/End User Industries

  • Automotive
  • Retail
  • Motorsport Industry
  • Original Equipment Manufacturers (OEMs)
AI Sentiment