For now, Pirelli Tyres P.L.C. continues to operate in Russia. The company, in March 2022, halted investments in the market that were not directly related to security.
But its operations are running.
In a call with investors in August 2022, Marco Tronchetti Provera, executive vice chairman and CEO, noted that Pirelli had particularly strong connections in the Russian market.
Pirelli operates two plants in Russia.
The first, in Voronezh, produces premium passenger car tires for rim sizes ranging from 16-21 inches. These tires serve the Russian market only in part, Pirelli said on its website, noting that some of the tires are OE-bound fitments and others are exported to Europe, Scandinavia and CIS countries.
That plant has a potential capacity of around 2.3 million tires per year, according to the latest Global Tire Report data.
In Kirov, Pirelli took operational control of its facility in 2011 with its partner Rostec. There it manufactures Pirelli and Amtel tires in 13- to 16-inch rim sizes. The facility also supplies several car factories in Russia.
The latest Global Tire Report data puts the potential annual capacity of the Kirov plant in the 6 million tires range.
Pirelli noted that its Russian plants are among the most advanced. The Italian tire maker, after all, invested more than 200 million euros in its Russian operations in Voronezh and Kirov between 2012 and 2015. With the upgrades, Pirelli said, "old buildings (were) rebuilt, production workshops refurbished, new mixing facilities installed and Pirelli technology and processes introduced."
In all, Pirelli said it employs more than 3,200 in Russia—2,200 in Kirov and 1,023 in Voronezh.