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Closures: Dark clouds over Marangoni’s Rovereto site

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Dark clouds currently hang over Via del Garda in Rovereto, Italy. Around 290 workers at the Marangoni Group’s headquarters site have been on strike since yesterday, prompted by a decision taken by their representative union last Friday. The workers are fighting for the future of their jobs and fear for the future of their employer. According to local media, company CEO Massimo de Alessandri has described Marangoni’s situation as “increasingly difficult.” Many of those affected are questioning the company’s future and worry that Marangoni plans to lay off up to 50 per cent of the site’s workforce. Speaking with Tyres & Accessories, de Alessandri stated that such a reduction is a matter “of pure speculation” promoted by insecure workers and unions.

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Related news:

  1. Marangoni names new president, VP
  2. TRIB’s Harvey Brodsky to Address Italian Retreading General Assembly
  3. The end in Anagni – Marangoni explains why it’s leaving the new tyre business
  4. Goodyear Dunlop job notice not a case of farewell Wolverhampton, hola Mexico
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Pirelli signs R&D competitiveness agreement with regional government

As part of its activities to develop a new generation of tyres based upon the concept of “total safety,” Pirelli is undertaking a two-year research and development project that aims to optimise the conception and planning of new products. The name of this project is Total Safety System. Pirelli says it is investing a total of €5.35 million in the project, which is being carried out at its Milan headquarters’ R&D facility, and the work will be supported by the Lombardy regional government through a €1.9 million grant. The grant was formalised through the signing of a competitiveness agreement between the Lombardy regional government and Pirelli on 9 February.

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  1. Tronchetti: Pirelli/ChemChina deal won’t affect employment
  2. Pirelli renews Corimav partnership with University of Milano-Bicocca
  3. Pirelli in 100 Pictures’ exhibition opens
  4. Heritage & high-tech: Pirelli celebrates 110th motorsport anniversary
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Marangoni selling Pneusmarket to Fintyre

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Italy’s leading aftermarket tyre distributor, the Fintyre Group, has reached an agreement to acquire the Pneusmarket network from the Marangoni Group. This transaction marks Fintyre’s entry into the tyre retail business.

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Related news:

  1. Bain Capital acquires Fintyre
  2. European FinTyre Distribution buys Reifen Krieg
  3. Fintyre to open London head office
  4. Fintyre platform company acquires Reiff Reifen & Autotechnik
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Fabio Merli named Toyo Tire’s new president for Italy

Toyo Tire & Rubber reports that effective 1 January 2016, Fabio Merli will give up his current role as sales director at Toyo Tire Italia S.p.A. and become the subsidiary’s new president.

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Related news:

  1. Former Toyo Tire Europe VP to head up Toyo Tire U.S.A
  2. Fiege to operate Toyo B2B e-commerce platform
  3. Toyo kicks off as AC Milan sponsor
  4. A.C. Milan players dribble from the rooftops with Toyo Tire
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Zenises hosts Rome partners day

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Zenises recently held its first Italian convention to present its brand portfolio at the historic 900 year old Castello della Castelluccia in Rome.

Fifteen partners from various Italian regions attended the gathering at which the 2016 brand development strategies in Italy were unveiled. In addition to cementing Zenises commercial agreements, new marketing concepts were also presented to ensure that the Italian market will be well served for 2016.

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Related news:

  1. Sailun appoints new distributor for Italy
  2. Univergomma and Momo Tires report double-digit growth
  3. Marangoni on geolocation in tyre retreading business
  4. Zenises celebrates annual Italian partners day
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Why it’s too early to cry tyre-mageddon

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On 3 November Michelin announced a series of pan-European tyre manufacturing restructuring plans designed to address the dual pressures from the on-going negative effects of the 2008 global financial crisis and the sharp increase of low-cost imports – especially in the truck and bus tyre segment. In short this means the closure of its Ballymena truck tyre plant, alongside investment in its Dundee and Stoke facilities; as well as the closure of its Pneu Laurent retreading operation in Germany; not to mention further significant investments and some closures in Michelin’s Italian tyre production plants.

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Related news:

  1. Trio of Guides Added to Michelin Library
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  4. Fintyre platform company acquires Reiff Reifen & Autotechnik
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Michelin invests in Italian tyre manufacturing, but closes retreading and semi-finished product lines

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At the same time as making plant closure announcements relating to the closure of its Ballymena truck tyre and Pneu Larent (Germany) truck retreading plants, Michelin announced that it is investing in its Italian tyre manufacturing operations.

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  1. Michelin’s Stoke Site Aims to be Cutting Edge Facility
  2. Marangoni spins off Meccanica business
  3. Marangoni Meccanica “restarts”, appoints new CEO, broadens board
  4. Marangoni continuing production despite Covid-19 lockdown
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Marco Polo/ChemChina buy almost 10 per cent of Pirelli shares

On 29 September Marco Polo Industrial Holding S.p.A purchased 45,143,033 ordinary Pirelli & C. S.p.A. shares representing approximately 9.5 per cent of the company and 190,307 savings shares from certain investment funds managed by Paulson at a price of Euro 15.00 per share.

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Related news:

  1. ChemChina’s latest Pirelli shares held indirectly
  2. Pirelli is now Chinese owned
  3. ChemChina front-runner to buy Pirelli
  4. Regulator approves ChemChina/Pirelli offers
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Pirelli taking on ‘unique challenge’ at the Rally Roma Capitale

For the first time, an Italian Rally Championship round will take place in the heart of the country’s capital city, and Pirelli describes its participation in the Rally Roma Capitale as a “big step into the unknown.” But although rallying in Rome is uncharted territory for the tyre maker, Pirelli appears to be on top of the matter.

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  1. Pirelli Travels to UK for Decisive World Rally Stage
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  4. Pan-European Pirelli Star Driver Selection This Weekend
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Regulator approves ChemChina/Pirelli offers

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Marco Polo Industrial Holding S.p.A. , which is indirectly by China National Chemical Corporation (ChemChina), through China National Tire & Rubber Co., Ltd., has confirmed that the regulator (Consob) has approved the firm’s offer document related to the mandatory tender offer of the ordinary shares of Pirelli & C. S.p.A. listed on the Electronic Stock Market and the voluntary tender offer launched by the same firms.

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Related news:

  1. ChemChina now holds 30% of Pirelli shares
  2. ChemChina’s latest Pirelli shares held indirectly
  3. Pirelli is now Chinese owned
  4. Pirelli major shareholder Chemchina restructuring
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Vipal: VRT3 tread offers 8% better mileage

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Vipal Erope reports that its VRT3 tread has demonstrated 8 per cent better mileage when tested against similar competitor treads. To make its point, Vipal used the streets of Puglianello, Italy to host a battery of tests in what the company describes as the first performance comparison in Europe. Such a claim must refer to the comparative testing of pre-cure retread material brands, as there have been numerous comparison tests between new tyres.

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Related news:

  1. Vipal partners TransJHL
  2. BH Sens introducing universal truck TPMS in Bologna
  3. Fintyre and Hankook win 800,000-euro Ferrovie del Sud-Est fleet tender
  4. Sailun offers medium radial truck tyre warranty in USA
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Change of date for ETRA seminar

A change of date has been announced for the ‘Flex in the City’ seminar jointly organised by the European Tyre Recycling Association (ETRA) and two Italian organisations, ANTEL (the Italian National Association of Local Authority Technicians), and ARGO (the Italian Recyclers Association). Due to “circumstances beyond ETRA’s control,” the seminar will now take place in Treviso, Italy on 22 October rather than 23 October.

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Related news:

  1. Michelin invests in Italian tyre manufacturing, but closes retreading and semi-finished product lines
  2. Bain Capital acquires Fintyre
  3. Maxxis teases new products at EICMA
  4. European FinTyre Distribution buys Reifen Krieg
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Putting ‘Pirelli logo’ on phones no smart decision – Huawei loses lawsuit

Tyre maker Pirelli has won its trademark infringement lawsuit against Huawei. A Turin court (Tribunale di Torino) ruled that although the Chinese mobile phone manufacturer may still launch an upcoming product under the ‘P8’ name, the company will no longer be able to use a logo that Pirelli claims too closely resembles its trademarked ‘elongated P’ logo.

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Related news:

  1. Ex-Pirelli managers to appeal asbestos sentences
  2. Pirelli signs R&D competitiveness agreement with regional government
  3. Pirelli making tyres again from today
  4. Two new e-bikes in Pirelli CYCL-e around rental service
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Ex-Pirelli managers to appeal asbestos sentences

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The lawyers defending 11 former Pirelli managers convicted over asbestos-related deaths say they will appeal the charges. Yesterday a court in Milan convicted the managers of culpable homicide over the deaths of 24 workers employed at the company’s Bicocca plant in the 1970s and 1980s. The employees died from tumours said to have developed due to exposure from asbestos at the facility.

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Related news:

  1. Paraguay presidential meeting a prelude to Pirelli presence
  2. Pirelli a ‘top partner’ for Zanetti & Friends charity football match
  3. Regulator approves ChemChina/Pirelli offers
  4. Pirelli awards recognize nine suppliers from around the world
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A taxing issue for Italy’s online tyre market

Online retailing is revolutionising the European tyre market, and the reasons for this are plain to see – purchasing online is easy and internet retailers generally offer a wide choice. It is no secret that rising online sales are making life harder for local tyre centres, however our affiliate website in Italy shares that certain online operators there are taking advantage of a legal loophole in order to offer even lower prices – prices that ultimately threaten high street tyre dealers’ very survival.

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Related news:

  1. VAT irregularities: Italian internet tyre retailer under investigation
  2. Fiege to operate Toyo B2B e-commerce platform
  3. ‘Only efficiency will save tyre distributors’ – Top 5 European tyre wholesaler Fintyre
  4. Michelin most searched tyre brand on Google in Europe
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