MILAN, Italy—Faced with international sanctions on products manufactured in Russia, Pirelli C. & S.p.A. is planning to use factories in Romania and Turkey to produce tires for European markets that it previously sourced from its plants in Russia.
Pirelli outlined its plans in its first-quarter financial results.
The company said traditionally up to half of the tires produced at its factories in Kirov and Voronezh, Russia, were exported to markets in Europe. Combined, the plants have rated capacities of 8 million tires a year, 85 percent of which are "standard" passenger tires.