Car sharing has been with us ever since kindly drivers first responded to the homespun philosophy of hopeful hitch-hikers who scribbled – and often misspelled – the names of their destinations on handmade signs.

Today car sharing is very different. It is no longer about the haves helping out the have-nots, but entire communities – from vehicle manufacturers to local councils – coming together to organise and share efficient fleets of cars. It’s also big business. Global revenue from car-sharing services is expected to total $34.6 billion (£24 billion) over the 10 years to 2024, according to Navigant Research.

It’s easy to see why its popularity is soaring. Sharing cars means sharing the significant costs of owning them – and that includes the purchase price, tax, insurance, testing, parking and maintenance. Saving on overheads, of course, means you can afford to splash out on moments of motoring luxury. How about taking a spin to the shops in a prestige car? A drop-top with premium Pirelli tyres?

Read more on Pirelli.com

From 18 January 2017 to 1 May 2017, the Archimede Library in Settimo Torinese will host the exhibition entitled “Pirelli in 100 Pictures. Beauty, Innovation, Manufacturing”. The exhibition traces over 140 years of Pirelli: factory workers, technology, new product research, relationships with the arts and innovative communications, motorsports and the famous calendar. It is also the opportunity to present first pictures of a new project taken inside the Pirelli industrial Hub in Settimo Torinese by Peter Lindbergh, author of the 2017 Pirelli Calendar, to the general public.

The exhibition, curated by Fondazione Pirelli which runs the Historical Archives from where the material was picked, is promoted and organized by Comune di Settimo Torinese with the contribution of Pirelli and Fondazione ECM (Esperienze di Cultura Metropolitana) and is sponsored by Regione Piemonte and Città Metropolitana di Torino. Attending the presentation were the President of Regione Piemonte, Sergio Chiamparino, Mayor of Settimo Torinese, Fabrizio Puppo, Executive Vice President and CEO of Pirelli, Marco Tronchetti Provera, the President of Fondazione ECM, Aldo Corgiat, and Managing Director of Fondazione Pirelli Antonio Calabrò.

We are privileged to offer the opportunity of a unique exhibition to visitors to the Archimede Library”, said the Mayor of Settimo Torinese, Fabrizio Puppo. “The photographs and illustrations retrace the over 140 years of history of Pirelli, which is in part the history of our city and of many workers and citizens of Settimo Torinese and the surrounding towns who have worked there and contributed to its growth. Employment, culture and innovation and three key concepts that tie the history of Pirelli to that of our city and that is told in the most exciting way in the ‘Pirelli in 100 pictures’ exhibition”.

“Innovation and product quality, attention to people and communication with the district where our plants are situated, in Italy and in the world, have always been among the strongest values of Pirelli”, declared Executive Vice President and CEO of Pirelli, Marco Tronchetti Provera. “The exhibition in Settimo Torinese, the site of our most innovative industrial hub, is proof of this. The commitment of the Settimo and Regione Piemonte local authorities, which whom we have interacted with mutual benefit for many years, drives us to continue to operate by combining local and international perspectives”.

“We are proud to have this opportunity to host the splendid ‘Pirelli in 100 Pictures’ exhibition”, added the president of Fondazione ECM, Aldo Corgiat. “This activity is part of a comprehensive cultural program involving Settimo local authorities, Fondazione ECM and Pirelli, which included the shows of Marco Paolini and Moni Ovadia to celebrate the 50th anniversary of Settimo earning city status, the WORKERS exhibition, concerts in the factory for the MITO festival, the Innovation and Science Festival of which Pirelli is Main Sponsor and the library opened in the plant with the collaboration of Archimede”.

The “Pirelli in 100 Pictures. Beauty, Innovation, Manufacturing” exhibition is further confirmation of the importance of culture as a tool for driving development, social cohesion and integration, in addition to reasserting the bond between culture and employment in Settimo Torinese. For Pirelli, in particular, the exhibition follows the activities organized and sponsored in Settimo by the company and by Fondazione Pirelli, which was established in 2009 to promote and disseminate corporate culture, history and documentation. Examples of these activities include the three concerts organized at the Hub in 2010, 2011 and 2014 for the MITO Festival, that Pirelli has been sponsoring since 2007, and the support offered by Pirelli to the Innovation and Science Festival.

The exhibition

The exhibition develops through six sections. “Una P lunga oltre 140 anni” (a “P” over 140 years long) traces the history of Pirelli through the pictures of its factories and its products: from the first plant on the outskirts of Milan to the first international exhibitions, illustrated catalogues and “Pirelli” magazine covers. “La fabbrica degli artisti” (the factory of artists) presents some of the many opportunities that painters and photographers have taken to express their art and tell about the world of factories and manufacturing. “Si va che è un incanto” (it runs like a charm) documents the daily challenges that Pirelli has tackled in the racing world since 1907. “Una Musa tra le ruote” (a muse in the wheels) focuses on the relationships between Pirelli and the arts since the beginning of its history from the earliest artist advertising campaigns to illustrations. Elogio della Bellezza” (celebration of beauty) is a line-up of the female icons that introduces visitors to the last section dedicated to the Pirelli Calendar 1964-2017” with pictures by the greatest names in photography.

The most recent was German master Peter Lindbergh, who took a number of enthralling and powerful photographs in the factory in Settimo in preparation for the 2017 Pirelli Calendar. Those pictures have become a project in their own right and are presented in preview to the general public.

The Pirelli industrial Hub of Settimo Torinese

Pirelli has been present in Settimo Torinese since the 1950s. Today’s industrial site was added to the original factory purchased from Ceat in 1984 and was the object of major investments over the following two years. The idea of the new Pirelli industrial Hub of Settimo Torinese came in 2007. The project consisted in integrated the two Pirelli plants already present in the area in a single area: works started in June 2009 and production was kicked off in May of the following year.

The Hub is also the result of profitable collaboration with local organizations and the Turin Polytechnic for research and innovation matters. It is the most technologically advanced and efficient Pirelli plant in the world in terms of product innovation, manufacturing processes and working environment quality. World-renowned architect Renzo Piano was called to design the “Spina”, as the central body is named, which houses the R&D labs and many services for employees. As a result, this part of the plant has naturally became the keystone for supporting production and fostering fraternization among workers.

Renzo Piano also designed the landscape projects that immerse the factory in 500 cherry trees, in addition to the on-site road network and the lighting. With an initial investment of 150 million Euro, which was increased to 300 million following the total refocusing of the plant on Premium and Prestige segment car tyres, some of the most advanced Pirelli technologies are implemented in the plant, like the Next Mirs robotized system, the new compound production system (PTSM) and the most recent PNCS-Pirelli Noise Cancelling System.

Production in the Hub, focused on low-environmental impact High-Performance and Ultra High-Performance tyres, totals over 4 million parts. Part of the investments was destined to the training over 1,200 workers focusing on skills aimed at achieving technological excellence, adding up to over 221 thousand hours in total, that is equal to 25 days per person over the 2009-2015 period.
President of the Republic Giorgio Napolitano visited the Settimo Hub on 19 March 2011 during the celebrations for the 150th anniversary of Italian unity organized by the local authorities of the city of Turin.

***

PIRELLI IN 100 PICTURES. BEAUTY, INNOVATION, MANUFACTURING
Settimo Torinese, Archimede Library Piazza Campidoglio 50
18 January 2017 – 1 May 2017

Opening times:
Monday-Saturday 9 am – 7 pm
Sunday 3.30 pm- 7.00 pm

Free admission

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137 companies from nine industries representing around 211,000 employees participated in this selection.

Also in December, Pirelli has received the “Excellence in Corporate Training” award, recognized by 51jobs.com, the leading online recruiter in China; during the ceremony, Pirelli was also awarded as one of “100 Excellence Employer China of 2016”.

Marco Di Pierri, Pirelli APAC HR director said, “We are proud of the honor and recognition that Pirelli has received in China. As a brand that is committed to long-term growth in China, we see our 11-year history in the country as a beginning. In the future, we’ll continue to adhere to global standards of practice while taking into consideration local characteristics, as we move to make Pirelli a company in China that can attract, develop and retain talents, a company that can motivate the full potential of their employees to create more value for both the company and the local community.”

NEW PIRELLI DIGITAL GENERAL MANAGEMENT, ENTRUSTED TO BY LUIGI STACCOLI, CONSTITUTED

PAOLO DAL PINO NOMINATED CEO OF PIRELLI INDUSTRIAL

IPO LAUNCH SEEN BY FIRST HALF 2018

FUTURE GOVERNANCE ALIGNED TO INTERNATIONAL BEST PRACTICE

The Board of Directors of Pirelli & C. S.p.A. met today and was updated on the activities under way with regard to the proposed integration of Pirelli Industrial and Aeolus, acknowledging with favour its progress.

The Board then analyzed the guidelines of the industrial plan for the Industrial segment.

The Board, further, approved the industrial plan 2016-2018, with vision to 2020, for Pirelli Consumer, the sole global player entirely focused on the Consumer business. The strategy calls for:

1. 1. strengthened leadership in the high profitability Prestige and Premium segments;
2. 2. a business model always more focused on the end consumer (‘Consumer Centric Approach’)
3. 3. oversight of new business opportunities offered by new and sustainable mobility (Cyber Tyre and Vélo);
4. 4. total digitization of industrial, commercial and management processes, more efficient and based on predictive models made possible thanks to the deployment of big data and analytics.

To support this course, the Board adopted an organizational model which calls for:

- the constitution of General Management Pirelli Digital, entrusted to Luigi Staccoli, supervising all activities aimed at the digitization of the company;

- the aggregation of all technical structures (R&D, homologations, technologies, manufacturing, quality, motorsport) and sales to Original Equipment under the responsibility of General Manager Technology, Maurizio Boiocchi;

- the attribution of the management of all commercial structures (marketing, supply chain,  aftermarket sales) and the Business Unit Moto to the Chief Commercial Officer Consumer, Roberto Righi, in support of the ‘Consumer Centric Approach’;

- the General Management Operations will be superseded from January 1, 2017. Gregorio Borgo, who has announced his decision to leave the company to pursue a new important professional path, will remain with the company until December 31, 2016 to support the  Ceo, Marco Tronchetti Provera, with the implementation of the new organizational model;

- the nomination of Paolo Dal Pino, currently Ceo of the Latin America region, as Chief Executive Officer of Pirelli Industrial;

- attribution of responsibility for Human Resources Management given to Gustavo Bracco with the role of Chief Human Resources Officer.

The Company extends to Gregorio Borgo its appreciation for the important contribution made to the growth of Pirelli through his 24 years of service.

On the basis of these assumptions, the Board shared the desire to accelerate the course to the company’s listing, immediately launching all the necessary actions. It is foreseen that the preliminary phases for the preparation of the IPO (Initial Public Offering) can be completed during the first half of 2017, with the objective of proceeding, in accordance with the best opportunities offered by the market, with the launch of the IPO by the first half of 2018 on the Milan stock exchange or, however, on one of the leading stocks exchanges at the international level.

Among the elements underpinning the success of the listing, the Board identified:

- the alignment of governance to international best practice, through a Board of Directors and board committees composed of a suitable number of independent directors;

- a shareholder structure that, although beginning with a concentrated shareholder structure, which emerged during the Public Tender Offer, foresees an evolution which ensures a suitable free-float level and one able to satisfy the expectations of international investors;

- a system of incentives that guarantees the alignment of the interests of management with those of all shareholders.

The Board further took note with favour of the decision of the board of Marco Polo International Italy (‘Marco Polo’), which also met today, to share and approve the course decided by Pirelli and the elements underpinning the success of its listing. The Board of Marco Polo confirmed its desire to accelerate the implementation of the shareholders’ agreements signed on March 22, 2015, which have as their basis the creation of value by Pirelli and its relisting.

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THANKS TO HELP FROM THE ITALIAN SCHOOL FUND THE COMPANY, WITH THE INVOLVEMENT OF EMPLOYEES, WILL SUPPORT THE STOCKS OF SCHOOL LIBRARIES

THE INITIATIVES ARE PART OF THE #IOLEGGOPERCHÉ CAMPAIGN

Not one, but three company libraries – one for each of the company’s locations in Italy – from today enter into the world of Pirelli. Forever attentive to the improvement of employees’ quality of life and working environment, the company today inaugurated a library at its headquarters in Milan’s Bicocca area and one at its plant in Bollate, which will flank the one already opened with success inside Pirelli’s industrial hub in Settimo Torinese.

The inauguration of the Pirelli library is part of #ioleggoperché 2016, the campaign promoting reading organized by the Associazione Italiana Editori (AIE) in which Pirelli is the main partner and this year is focusing on the development of activities to promote and create company and school libraries. At the “ribbon cutting”, which took place today at Pirelli’s headquarters, the Executive Vice Chairman and CEO of Pirelli, Marco Tronchetti Provera and the City of Milan’s Councillor for Culture, Filippo del Corno, the Delegated Director and Director of the Fondazione Pirelli, Antonio Calabrò, and Chairman of the AIE Federico Motta. The event saw the special participation of Lella Costa, in her role of Honorary Member of the Fondo Scuola Italia, the non-profit association which, acting as a bridge to companies, has the goal of gathering resources and materials to put at the disposal of Italian schools.

Spreading culture by bringing books into factories and the work place has always seen Pirelli on the front lines. Important places of aggregation, culture and innovation, company libraries are born to encourage employees to read, get informed, gather ideas and compare notes. Factories and work places in general are special places where even culture is produced. Science fiction books, crime novels, best sellers, non-fiction books and children’s books represent the initial stock of around 3,500 volumes at Headquarters in Milan and plant at Bollate: a number which, when complete, will exceed 7,000 units. Many titles and different genres that go beyond the traditional idea of a company library destined to contain only volumes connected with the company’s business.

It was Pirelli’s own employees, through the community of dedicated readers at the Milan headquarters and the active involvement of those of Bollate, that chose the first 1,000 titles considered “must-haves” on the shelves of the new library. To these were added volumes donated by the company RSU, those acquired by the company and books chosen by the Fondazione Pirelli, custodian of the Pirelli archive and that of its entrepreneurial culture.

The libraries at Pirelli’s Headquarters and at Bollate flank the one at the Settimo Torinese Industrial hub, which recently linked with the Piedmonte communal library. This allows employees to count on 110,000 volumes, 220 magazines, 14 dailies, 4,500 films and documentaries in Dvd form, 4,000 music Cds and 400 audio-books. A number which has grown exponentially thanks to the ample stocks of the “Sbam” or the “library system of the Turin metropolitan area” (11 million books, traceable and bookable on the basis of the ErasmoNet catalogue) and of which Pirelli’s library has become a part becoming the first private library to be included in a public library system.

Pirelli and the libraries: a story 90 years long

The opening of the new libraries is part of a tradition, which saw Pirelli open its first company library almost 90 years ago. It was in 1928, in fact, that the first library for employees enrolled in the “Dopolavoro Aziende Pirelli” opened and already counted close to 800 titles. With formal regulations for the loan and return of books, the library was closed for a period during the war, only to reopen in 1945 with around 3,000 volumes chosen by the workers from catalogues provided by the company. In the following year the library continued to grow until it reached 10,000 volumes in 1956, thanks also to the creation of a reading room for newspapers and magazines and for the consultation of books directly from the shelves. Library loans reached at the time 50,000, a tangible sign of the interest of employees in reading. For its researchers and engineers Pirelli had also created a Technical-Scientific library composed of around 16,000 volumes on the rubber and cables technology from the 1800s to modern times. This collection has been available since 2010 to the public, students and researchers at the Fondazione Pirelli.

#ioleggoperché 2016: Pirelli in support of school libraries

The inauguration of the Pirellis company library is just one of the concrete responses to the campaign promoting books and reading #ioleggoperché (www.ioleggoperche.it) which this year has the goal – thanks to the collaboration with ALI (Associazione Librai Italiani–Confcommercio), AIB (Associazione Italiana Biblioteche) and Confindustria Gruppo tecnico Cultura e Sviluppo and under the auspices of CEPELL – to spread the passion for reading, inviting people to become “messengers” for the initiative and to donate books to participating schools.

For this reason Pirelli, in collaboration with the Fondo Scuola Italia and also in this case with the contribution of employees, is committed to contributing to the increase of the stock of school libraries. For each book bought by an employee in one of the participating bookstores and donated to schools associated with #IoLeggoMaPerchè, Pirelli doubles committing to buy as many books as those bought by employees. The volumes will be donated to the schools thanks to the Fondo Scuola Italia, a non-profit association dedicated to reinforcing the link between schools and companies.

The support of this initiative is proof of Pirelli’s constant commitment to invest in the young and education. An activity which each year sees the company distribute scholarships to the most deserving children of employees, finance doctorates in research at the Milano Bicocca University and organize educational activities for all school age children through courses carried out by the Fondazione Pirelli and by the Fondazione Pirelli HangarBicocca.

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ONE PATENT PER YEAR HAS BEEN REGISTERED SINCE CORIMAV WAS FOUNDED IN 2001

One patent deposited every year, 44 student scholarships and 36 doctoral scholarships: all in the arena of research into advanced innovative materials. This is the end result of the CORIMAV partnership, created in 2001 as a joint venture between Pirelli and Milan Bicocca University, which was recently renewed at an event attended by Pirelli’s CEO Marco Tronchetti Provera, and the rector of the university, Cristina Messa.

The CORIMAV project was born 15 years ago with the objective of developing cutting-edge technologies using new materials, supporting research and development into eventual patent applications, and promoting training and career development opportunities for young researchers. Now, this exciting project opens up its next chapter.

Over the last few years, CORIMAV has evolved considerably, in the same way that the nature of research projects has constantly evolved and Pirelli itself has evolved significantly as a company.

The first phase of the CORIMAV programme provided scholarships aimed at three principal areas: nano-composite materials, energy transfer (superconductivity and distributed generation) and molecular modelling. These academic partnerships between Pirelli and the university anticipated a ground-breaking Italian government initiative three years ago designed to promote the creation of research doctorates in collaboration with industry.

Since 2005, CORIMAV has provided doctoral scholarships to broaden the range of research and put in place continuous and structured programmes. From 2010 onwards, the focus has been specifically angled towards tyres: a sector that is obviously at the heart of Pirelli and its strategy. As a result, the consortium has become a natural think-tank of knowledge and ideas from the university to Pirelli and vice versa.

One of CORIMAV’s greatest strengths is its ability to train highly-specialised engineers with specific skills, which can allow these people to become immediately employed in Pirelli’s research and development division.

So it’s no surprise that since the initiative started, around 20% of the scholarship recipients have gone on to be employed by Pirelli, and that the company has funded a full-time researcher tasked with co-ordinating the work of the CORIMAV scientists: a role that has been held by Barbara Di Credico since 2015. Specifically, the research activities funded by Pirelli target the study of inorganic materials that can be used in the vulcanisation of tyre compounds.

Among the recent success stories are Luciano Tadiello and Antonio Susanna. They are two researchers who have joined Pirelli’s research and development department and contributed to two patent deposits by CORIMAV, to do with new materials for tyres that consume less energy.

Research into new materials to produce increasingly ecological tyres has been the main focus of CORIMAV’s activities in recent years. This includes one of the most innovative projects from CORIMAV, which is also patent-protected: the use of lignin in the production of tyres with a low environmental impact. Lignin is a natural material that has intrinsic antioxidant properties, which when altered by appropriate chemical and physical means, can benefit the mechanical performance of a tyre and become a substitute for fossil-derived products (such as carbon black).

CORIMAV’s green philosophy is not just limited to the production phase and use of a tyre but also to the tyre at the end of its life. Researchers have discovered a process of bio-devulcanisation in which bacteria and other biological agents are used to treat tyres at the end of their life. Thanks to recent research, it has been possible to isolate bacteria with the capacity to remove sulphur-carbon bonds, which can be used to treat tyre constituents at the end of their life with a view to subsequent recycling.

Enrico Albizzati has been the director of CORIMAV since it was created. At the time he was in charge of Pirelli’s materials innovation department, and currently he is the company’s scientific advisor.

CORIMAV is a concrete example of the excellence of the newly created Bicocca District within the university: a centre that unites research, culture, and industry. The consortium currently funds three doctoral scholarships per year in material nanotechnology and research. It also organises courses in management and intellectual property for other science students, as well as courses on specific aspects of science, delivered by Pirelli employees. This is yet another way of fostering increasingly integrated collaboration between the worlds of academia and industry.

The university is very close to Pirelli physically, to the point that there used to be a bridge linking Pirelli’s main building to the one that will now house part of Milan Bicocca University. These days, the bridge is formed of ideas, knowledge and innovation that will form a vital link to the future.

Cristina Messa, the rector of Milan Bicocca University, said: “With the renewal of the CORIMAV consortium, we’re underlining the commitment both from ourselves and Pirelli to invest in research and development of new materials. For 15 years now, CORIMAV’s activities have allowed us to carry out sophisticated industrial research projects and activate advanced levels of professional training, such as the industrial doctorate. This close collaboration, with CORIMAV at its very heart, forms an integral part of a wider strategy to showcase the knowledge and innovation that Milan Bicocca University and Pirelli, together with other partners, are pioneering thanks to the Bicocca District project: a brand new network of academic institutions and companies working together to exchange know-how and opportunities, as well as improving services and enriching professional development.”

Marco Tronchetti Provera, Pirelli’s vice chairman and CEO, commented: “The experience of the partnership between Pirelli and Milan Bicocca University has underlined how companies and academic institutions can together trigger initiatives that promote both professional and economic growth. We are collaborating with a number of different departments within the university that represent excellence at international level, and which help us to turn our most innovative projects into reality, as well as improving our product.”

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Pirelli is celebrating ten years of its industrial presence in Romania and announcing further investment of around 200 million euro through 2021 at the Slatina production hub, underlining its strategic importance to the Group’s activities. By that year, the Italian tyre maker’s investment will have reached a total of around 740 million, creating around 500 new jobs and bringing annual production capacity up to 15 million units, from the present 10 million.

The ten year anniversary was marked by a visit to the Pirelli plant by Romanian Prime Minister Dacian Cioloș. He was accompanied by Finance Minister Anca Dana Dragu and Minister for Labor Dragos Pîslaru. Pirelli was represented by its Executive Vice Chairman and CEO Marco Tronchetti Provera and the CEO of Pirelli Tyres Romania Giuliano Menassi who is also the Group’s head of Research and Development.

The additional investments planned from now to the end of 2021 will allow a further improvement of Pirelli’s industrial competitiveness at the European level. Overall, the factory’s floor space, which since its inception has had the most advanced technologies for the production of car tyres for the Premium segment primarily destined to the markets of Eastern Europe, will be extended to 260,000 square metres from the present 210,000. The enhancement plan also involves the production area in Slatina dedicated to motorsport, which includes a F1 production unit which serves as a back-up for the main Pirelli F1 plant in Turkey.

Prime Minister Dacian Ciolos said: “For me, as the Prime Minister of Romania, this is a very important investment especially because it creates jobs and highly qualified work force. Pirelli also has a few hundred local suppliers, Romanian companies that are further developing together with Pirelli. In the near future, it is important to attract foreign direct investments, but also to anchor them in Romania so that they bring new investment in R&D and innovation in order to create opportunities for local communities and partners”.

Mr. Tronchetti Provera said: “Over this decade, Pirelli has never stopped growing. This is not only because of the strategic location of the Slatina plant, which for Pirelli represents a key logistics and commercial hub for all of Eastern Europe, but also because of the ability to attract and support international investments demonstrated by the country’s institutions which sees Italy as its second commercial partner and one of the most important in terms of investments”.

Pirelli committed to the local community

The Pirelli Group entered Romania in 2004 when it established the company “Pirelli Tyres Romania”. Building of the green field tyre factory began in 2005 and the tyres were manufactured in 2006. As well as its industrial presence in the country, Pirelli is involved in a number of research projects with the Universities of Bucharest and Craiova and committed to many social and cultural activities. These include a project for the dissemination of Italian culture in Slatina and, in collaboration with leading Italian soccer club Inter Milan, the Intercampus project dedicated the children of the city, as well as the partnership between Milan’s Niguarda Hospital and that of Slatina.

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September 16th 2016 – Today is the first day of the European Mobility Week, promoted by the European Union in support of smart and sustainable mobility.

In occasion of the Mobility Week, Pirelli decided to join “Bike Challenge Milano 2016”, competition between companies in the Milan area that will award companies and individual employees collecting more kilometers by bike between September 16th and October 31st.

The Bike Challenge organized by LoveToRide and FIAB sees the participation of more than 100 companies interested in sustainable mobility and aware that the use of bicycles while going to work is  good both for the environment and the well-being of employees.

Click here for more details on Pirelli’s MobilityAction.

Global presence, innovation, quality, speed, sustainability and level of service. This were the evaluation criteria Pirelli used to select the 9 companies that have received the “Supplier Awards 2016”.

This fifth edition of the “Supplier Awards” took place in Milan, where the CEO and Executive Vice Chairman Marco Tronchetti Provera, along  with the Director of the Milan’ company’s Procurement Department, Pierluigi de Cancellis, presented the awards to nine companies operating in various sectors: from ones that organize events to others supplying strategic IT solutions and from those specialised in logistics to raw-material producers.

The successful suppliers also come from different countries – from India to Germany, China and Italy, in keeping with Pirelli’s renowned international flavour and global competitiveness.

The following companies are the protagonists of the 2016 Pirelli Supplier Awards:
Glanzstoff Sicrem, an Italian manufacturer of textile reinforcement materials; Trinseo, an American group specialised in synthetic rubber; Wuxi Quechen Silicon Chemical, a Chinese supplier of silicon; Birla, an Indian supplier of carbon black; Prashida Aneka Niaga Tbk, an Indonesian supplier of natural rubber; Hewlett Packard Enterprise, a leading US IT company; Alpha Technologies, an American company producing laboratory instruments for R&D; Fandango, an Italian event organizer; and, lastly, DHL Express, a German logistics group.

Pirelli focuses strongly on its collaboration with suppliers, considered key business partners for the success of its corporate strategy. To this regard, the Director of the Procurement Department, Pierluigi de Cancellis, said : “The Pirelli focus is increasingly on the Premium segment, sharing with its suppliers a business approach in which flexibility, speed, transparency and commitment to ongoing and sustainable innovation form the bases of the supply relationship. This is why the relationship can be described as a true partnership, centred on shared growth and looking to the future.
As well as raw-material suppliers, this year we have rewarded companies operating in logistics and IT tools, a demonstration that multiple and diversified skills, combined with those of our Group, help further Pirelli’s success thanks to innovative contributions driven by know-how and experience.”

-      Improved overall price/mix: +6% thanks to price increases and improved sales mix

-      Efficiencies of 51.3 million euros (45.8 million in first half 2015), 68% of 2014-2017 plan’s 350 million euros target achieved

-      Improved profitability with an EBIT (before charges) of 14.5% (14.2% in the same period of 2015 and same perimeter)

-      Profitability of Consumer business at 16.4% (15.7% in first half of 2015 with same perimeter)

-      Industrial Business impacted by persisting weakness in South America

-      Profitability increases in Europe and NAFTA. Apac confirmed as area of greatest profitability

-      Successful conclusion of debt refinancing

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Comments on the economic data for the six months ended on 30 June 2016 – if not otherwise indicated – refer to comparisons with economic data for the six months ended 30 June 2015 for only the Pirelli Group and applying the same perimeter.

***

The Board of Directors of Pirelli & C. SpA today reviewed and approved the group’s results for the six months ended on 30 June 2016. The semester was characterized by following key elements:

-       Revenues of 2,968.6 million euro, with organic growth (with the same perimeter and net of negative forex effect of 8.8%) of 5.9%, thanks to great improvement in the price/mix component (+6.0%) because of price increases in emerging markets, higher sales in the Replacement channel and different geographic and product mixes. The increase in revenues at the organic level was underpinned by the performance of the Consumer business (+7.4% organic growth) thanks to the performance of the Premium segment and mature markets, while the Industrial segment (+0.4% organic growth) was impacted by the weakness of the tyre market in South America and other emerging markets. Overall volumes were stable, with different dynamics in Consumer (+1.9%) and Industrial (-7.3%);

-       Further reinforcement of Premium, with volume growth of 13.4% (+15% solely in the second quarter after +11.7% in the first quarter) above the global Premium market trend (+9.4%). The Premium’s organic revenues increased by 11.3% to 1,607.2 million euro, growing to 65.1% of total Consumer revenues from 61.5% in the same period of 2015 (with the same perimeter);

-       Improved profitability thanks to the effect of internal levers of price/mix and efficiencies achieved to contrast forex volatility and the decline of some markets mainly in the Industrial business;

-       EBITDA margin before non-recurring and restructuring charges improved to 19.5% compared with 19.2% in the same period of 2015 and the same perimeter. EBITDA before non-recurring and restructuring charges was 578.7 million euro (588.0 million euro in the same period of 2015 and the same perimeter);

-       EBIT margin before non-recurring and restructuring charges grew to 14.5% compared with 14.2% in the first half of 2015 and the same perimeter. This results benefits, among other things, from the achievement of efficiencies of 51.3 million euro (45.8 million euro in the first half of 2015). Since 2014 total efficiencies of 238.1 million euro have been achieved, equal to 68% of the target set in the 2014-2017 4-year plan of 350 million euro. EBIT before non-recurring and restructuring charges of 429.1 million euro (434.8 million in the first half of 2015 and the same perimeter);

-       At the geographic level profitability improved in Europe and NAFTA thanks to strong growth of the Premium segment. APac was confirmed as the most profitable area with an EBIT margin above 20%.

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Today, Pirelli’s Executive Vice Chairman and CEO approved the Group Human Rights Policy and the Health, Safety and Environment Policy.

The documents are available, in English and Italian, at these links:

 • Group Human Rights Policy
 • Health, Safety and Environment Policy


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Growth of the proceeds from Green Performance products, reduction of specific water consumption, increase of waste recovery , more training days for employees exceeding the set industrial target, establishment of new partnerships with strategic suppliers of natural rubber to support small natural rubber manufacturers and protect biodiversity. These are the main results of the Pirelli Sustainability Strategy expressed through the group’s various business dimensions: economy, environment and society.

Read more and find other sustainability stories on www.pirelli.com

Young students from German secondary schools were invited to take a tour of Pirelli’s factory to better understand tyres’ production process: from the construction of a green tyre carcass to the production of a steel belt, to the fabrication of a prototype.

During the plant visit the participants also received information on the professional opportunities provided by the Company.

Pirelli, thanks to the thirty apprentice positions reserved to middle schools and universities, is one of the largest training companies at local Odenwald region.

Milan, 22 June 2016. The FIA and Pirelli have today signed a new four-year agreement in support of the FIA’s Action for Road Safety campaign.

One of the primary goals of the campaign, launched in support of the UN Decade of Action for Road Safety 2011-2020, is to educate and better inform road users on the importance of respecting the rules of the road. According to the World Health Organisation, road crashes are today the number one killer worldwide of people aged between 15 and 29.

As a Global Partner of the campaign, Pirelli will promote the FIA’s ’10 Golden Rules’ for road safety through all of its networks. Pirelli will also organise training programmes, as well as projects to raise awareness on safe driving, in collaboration with a selection of FIA Member Clubs.

During this week’s 2016 FIA Sport Conference in Turin, Pirelli CEO Marco Tronchetti Provera said: “Safety has always been one of Pirelli’s primary objectives. As well as being the maximum expression of high technology and performance, guaranteeing total driving pleasure, our tyres constantly strive to achieve the highest levels of safety, both for people and the environment.”

FIA President Jean Todt said: “I am delighted that Pirelli have agreed to support the FIA Action for Road Safety campaign. Working together with our member clubs, this partnership can help spread the road safety message and the importance of respecting other road users to an even wider audience”.

The existing partnership between the FIA and Pirelli relating to the FIA Mobility Conferences and FIA Sport Conferences has also been extended.

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The main focus of the Diversity Day, 2016 Edition, was sport. This is a choice in line with the two big events of this summer: UEFA European Football Championship in France and the Summer Olympic Games of Rio.

“These events are perfect examples of a high level of diversity,” says Josef Lottes , Director of Human Resources and Organization of Pirelli Germany GmbH. “From all continents people of all races and religions peacefully come together to compete in fair athletic competitions.”

Starting from this idea, Pirelli Germany has organised a table football tournament dedicated to its employees. In every team, composed by both men and women, different religions and nationalities were represented.
Diversity and integration has always been an important part of Pirelli’s corporate philosophy. German employees come from twenty-four different countries and four different continents, and their age range from 16 to 65 years old.

Diversity creates lots of benefits to employees, both in their daily life and in the relationships with their colleagues at work.

The third edition of the Project saw the participation of twenty-nine teams –  the number has doubled in respect to 2015 – which presented innovative projects using recycled materials and a limited budget.

The projects realized by the teams had among their main objectives the Egyptian employees’ safety and well-being.

The scoring process took into consideration various criteria, including team work, quality, innovation and sustainability.

The three winning projects saw the realization and the decoration of the relax area, as well as the creation of an automatic security system for the area in front of Pirelli’s warehouse.

Thanks to these projects, Pirelli’s employees could appreciate how it is possible to give a new life to materials which are usually thrown away as waste.

In spite of scalding sun the charity race gathered lots of runners accompanied by Olympic and Paralympic Champions, by cinema and show-business stars and by Chief Editors of the leading media.

Pirelli supported the charity money collection having paid for 2 corporate teams (5 participants in each) running 3 and 10 km. Also the Company provided one copy of Pirelli Calendar 2016, which was signed by Natalia Vodianova and presented to the fastest corporate team. It’s the second year in a row when Pirelli takes part in this race. Last year, at the first Moscow race of Natalia Vodianova, total number of participants were 1,500, so just in one year it’s almost 10 times more people participating!

As a result more than 37 million rubles (more than 500 k euro) have been collected thanks to all the participants of the race. Thanks to this money hundreds of the families raising the children with autism, ICP and Down syndrome will get additional help.

The award was handed over to Pirelli’s researchers Gianni Mancini and Vincenzo Boffa, who have been working for four years to the project “Prototype CVA: Automatic Visual Control of the tyre”.

The project was born in Pirelli’s R&D laboratories in Milan and has seen the important collaboration of the University of Bologna and of the Turin Polytechnic.

The CVA is an automatic system of product’s analysis which uses innovative technologies of artificial vision and automation to assess potential defects of the final product.

Pirelli has developed the algorithms necessary to elaborate images and see potential defects, introducing a really interesting innovation which could be very useful in a process which today can only be made manually.

Pirelli’s CEO Mr. Tronchetti Provera stated: “this award is an incentive for our researchers to continue creating advanced solutions, is an incentive for the Group to continue with research in collaboration with the most prestigious universities and research centers and is also an incentive for the Country to always consider research as the driver of growth and innovation”.

That is the vision of Puentes, a non-profit organization, whose scholarship programme is supported by Pirelli.

The programme helps the youngest to get to schools and universities, providing laboratories, tutors and financial support needed to support the cost of those studies.

An activity for the Argentinian people, and a way of approaching the socio-economic groups in difficulty.

Through culture, we can help young people to improve their lives and to take the good opportunities life presents them.

Source: Carlo Furgeri Gilbert, 2008, Pirelli Foundation’s Historical Archive

Two groups of boys and girls from eleven to fourteen years old have participated to the “Girls’ and Boys’ Day” to discover the world of Pirelli’s manufacturing in Germany.

For the 15th time, Breuberg plant opened its doors to young students so that they could discover the manufacturing process and the different careers in the tyre industry.

It was a way to discover aptitudes and carriers which in the past were considered as a specific gender exclusive but that today have certainly overcome all gender barriers.

Divided into two groups, the students participated to a special “behind the scenes” tour into the Breuberg plant and in the nearby Pirelli Museum.

A great opportunity for education and to discover the different professions and careers paths.