The Pirelli Group has installed Francesco Sala, executive vice president of the company, as executive chairman of the Romanian subsidiary with a four-year mandate.
Sala works since 2007 at Pirelli Group, with a two-year break, between 2014 and 2016, period spent at Prysmian, where he expanded the comany’s factories in Romania and Slovakia by two new units, after total investments of EUR 43 million.
Pirelli is the fifth largest player in the tire market, after Bridgestone, Michelin, Continental and Goodyear. The company, founded in 1872, has production facilities in 19 countries and operates a sales network of around 14,600 points in over 160 countries.
In Romania, Pirelli is present through the factory in Slatina, inaugurated in 2005. Last year, with more than 3,000 employees, the company had a turnover of RON 2.2 billion and a net profit of RON 78.4 million.