MILAN, Italy (Aug. 5, 2008) — Pirelli & C. S.p.A. said it intends to build a $387 million tire plant in the Togliatti, Russia, industrial-technological park area in partnership with Russian Technologies State Corp.
The factory will have an initial annual production capacity of about 4.2 million passenger and industrial vehicle tires. The project already has the support of the regional Government of the Samara region.