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Autocomponents Market in Russia

Autocomponents Market in Russia

02\05\2012 Pirelli will invest 100 million euros in development of the Kirov tire plant

Russian Automotive Market Research

The total investment volume of Pirelli in the development of the Kirov tire plant will amount about 100 million euros. The part of the sum has already been put up: the investment program is timed for the period from 2011 to 2015.

The project purpose is the increase of a production share that will be produced under the Pirelli brand. If now only 7% of the Kirov tire plant production corresponds to Pirelli brand within the implementation of investment project by 2015 the share is planned to be increased up to 38%.

Thus the government of the region is obliged to grant a row of tax benefits to the enterprise, join to question solution of repair of access roads.
































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