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June 23, 2015 02:00 AM

Rosneft, Pirelli to expand cooperation in retail

European Rubber Journal Report
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    ST. PETERSBURG, Russia—Rosneft and Pirelli have signed an agreement of cooperation in marketing, according to a statement by the Russian oil company.

    Signed at Saint Petersburg International Economic Forum on June 20, the agreement calls for further development of the retail chain of Pirelli products in Rosneft filling stations.

    Moreover, said the statement, the parties agreed to continue with the project aimed at the creation of a concept Pirelli flagship tire center with expanded range of services and exclusive design.

    Based on the agreement, the two sides will study the possibilities of opening of mobile tire-changing stations for seasonal use within Rosneft retail stations.

    Pirelli and Rosneft opened their first tire center at a Rosneft “Olympic-format” petrol station in Sochi.

    The two have agreed to increase the tire sites to 200 centers in Russia by 2019.

    About a year ago Rosneft and a series of allied companies acquired a 13 percent stake in Pirelli. Six executives with or associated with the Russian oil and gas giant were subsequently appointed to the tire maker's board of directors.

    Pirelli and Rosneft, in partnership with Synthos, are also involved in the production of eco-friendly synthetic rubber to be produced in the Russian port city of Nakhodka. The rubber is to be ultimately used in the production of “green tires” to improve fuel efficiency and grip in both wet and dry conditions.

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