We expect tire production at the Slatina-based plant will increase to 10 million units next year, said Cangelosi. He added that over 95% of production is meant for export.
Cangelosi said the plant might become a tire supplier for the cars produced by Ford at its plant in Craiova.
He estimated the local tire market will register an increase next year only on the winter tire segment, while summer sales will stagnate.
Cangelosi confirmed Pirelli’s investment plan in Romania, which states investments of EUR450 million between 2005 and 2014. The company’s investments on the local market exceeded EUR300 million at the end of 2010.
Pirelli owns three plants in Romania: two plants in Slatina and a diesel oil filter plant in Bumbesti Jiu, Gorj county.