Milano Finanza unveils Camfin Alternative Assets' €158,75 million plan to increase its stake to 29,9%, the level prior to a mandatory takeover bid. Meanwhile, the Bicocca-based group is expanding its technology strategy with an agreement with Abet on...
Former Ilva plant, an updated proposal covering the entire company's scope, which takes into account the closure of the hot-zone area, has arrived from Jindal, India. During the meeting at Mimit, several expressions of interest in the reindustrialization of Taranto were reportedly received, starting with...
Revenues stable at €3,49 billion, margins protected, and debt declining. The group confirms its 2026 targets, focusing increasingly on premium tires. The board of directors approves the financial statements by majority vote, with the directors appointed by Sinochem voting against.
Enel will be the star of another day of dividend payments at the Milan Stock Exchange: on Monday, July 20, the group will distribute the balance of its 2025 dividend. Also on the calendar are Mfe-MediaForEurope, Pirelli, and other companies listed on various segments of the Italian Stock Exchange.
Czech tycoons Strnad and Tykac are eyeing China's Sinochem stake in Pirelli, considering its price and its Golden Power. Meanwhile, the group is buying 24,99% of Ridesense for Cyber Tire.
Pirelli's new board of directors appoints Marco Tronchetti Provera as executive chairman and confirms Casaluci as CEO. A US plan of up to €1,2 billion is being considered.
Pirelli's shareholders' meeting approved the 2025 financial statements, the 0,34 euro dividend, and the new board of directors: Tronchetti Provera is moving toward the presidency, Casaluci is vying for the position of CEO.
A proposal was made to the CAA and Longmarch shareholders' meetings to extend the deadline for the possible dissolution of the companies by five years, to June 30, 2040.
Sinochem and China National Tire challenge government restrictions on governance. The company clarifies that the appeals do not affect the June 25th meeting, which remains confirmed for the renewal of the Board of Directors.
MTP and Camfin have presented a list of 15 candidates for the renewal of the Pirelli board of directors with 12 independent candidates, three of whom are nominated by Assogestioni.
The tyre company closed the first quarter of 2026 with revenues of 1.737,2 million euros, with organic growth of +3,5% excluding the exchange rate effect.
Pirelli's plant in Georgia, already dedicated to the most technologically advanced solutions for the US market – both in the High Value segment and in Motorsport – will be further strengthened thanks to the production of connected tyres equipped with Cyber Tyre technology.
"The combination of technologies developed by the University and Pirelli will enable safer and higher-performance vehicles, with potential applications in Adas and autonomous driving systems," Pirelli said in a statement.
Pirelli's 2025 budget has been approved by a majority vote: nine out of fourteen directors are in favor. Chinese company Sinochem has rejected the approval: three vote against, two abstain. The proposed total dividend is €0,34 per share, equal to approximately...
US earnings season opens today, with earnings expected to rise 14%. IMF and World Bank estimates will also be released this week. In Japan, the yield on the 10-year government bond jumps to its highest since…
The Italian government has issued a new Golden Power decree on Pirelli: Sinochem can appoint only three directors to the company's board of directors, which will meet on April 16. Here's why.
Green light has been given to the proposal to postpone by five years the date from which it will be possible to request the dissolution of companies. An extended lock-up has been imposed on shareholders. The target of 29,9% has been confirmed.
The tire company released preliminary results: stable revenue, adjusted EBITDA up 1,9%, and a total dividend of approximately €369 million. Revenues in 2026 are expected to be between €6,7 billion and €6,9 billion.
Pirelli is the only tire manufacturer to enter the Top 1% of S&P Global's 2026 Sustainability Yearbook, based on the ESG performance of over 9.200 companies globally.
Pirelli rejects the proposal by CNRC, the Sinochem subsidiary which owns 34% of the tyre group, regarding the segregation of the Cyber Tyre business, the technology that allows real-time dialogue with car systems.
The Chinese are proposing to spin off their Cyber Tire business into a new company without Chinese capital to circumvent US regulations on connected vehicles. Trochetti Provera's holding company responded: it won't solve the problem and will harm the group.
The decision will be notified to the Golden Power and will reshuffle the balance of power ahead of the shareholders' meeting, scheduled for June 25th. Now the ball is in Rome's court.
According to Reuters sources, Pirelli's main shareholders, Camfin and Sinochem, will not renew their shareholders' agreement, which expires on May 19, 2026, prompting the government to review the Golden Power to define future governance and support the country's competitiveness.
The Vix fear index rises again. Europe is mixed at the start. In Milan, Diasorin and banks perform well, with profits being taken on Fincantieri. Edison is ready to return to the Milan Stock Exchange.
Sinochem is open to reducing or selling its 34% stake in Pirelli and has appointed BNP Paribas as its mandate. US pressure and the Golden Power are pushing for a strategic shift.
Pirelli Cyber Tyre is the world's first hardware and software system capable of collecting essential data from sensors in tyres – such as pressure, temperature, acceleration – and processing them using proprietary algorithms.
Pirelli closed the nine-month period with an 8% increase in profits to €400,6 million, and revenues, impacted by exchange rate effects, totaling €5.195,2 million. The accounts were approved by a majority vote, with nine of the 14 directors voting in favor, confirming...
Pirelli's Cyber™ Tyre intelligent system optimizes vehicle performance and, thanks to the collaboration with Bosch Engineering, will bring new electronic features to future Aston Martin models
It is the first time that a tyre, the Pirelli P Zero E, has won one of the most important awards in the world in the field of industrial design for innovation and technology.
From September 22nd Lottomatica will debut in the Ftse Mib replacing Pirelli, which slips to the reserve list after years in the main index of Piazza Affari
Born in 1925 in the province of Varese, he led the company founded by his grandfather Giovanni Battista Pirelli for over 30 years after the war. His legacy is told by the Pirelli Foundation.
Pirelli closed the first half of 2025 with growing revenues and net profit. The Board of Directors approved the report, voted on by 9 out of 15 directors: the declaration of Sinochem's termination of control over Pirelli weighed heavily. Tronchetti Provera: "On the Golden Power investigation…
Sinochem's vote against is not a surprise: the group had already expressed reservations in the board of directors in April. But for now, Pirelli's governance is going straight ahead
Pirelli becomes Olympic and Paralympic Partner of Milano Cortina 2026, providing winter tires for the official fleet and assistance services during the event
Eighth consecutive cut by the ECB. Inflation estimates are revised downwards, while those on growth remain confirmed. The long-awaited phone call between Trump and Xi Jinping lights up Wall Street
Pirelli strengthens its partnership with Luna Rossa as a sponsor and technical partner for the 2027 America's Cup in Naples, bringing Formula 1 technologies, artificial intelligence and materials research to support the Italian challenge in the most prestigious trophy…
After the interruption of negotiations, Sinochem accuses Pirelli and especially Camfin, but assures collaboration. The Italian reply is dry: "From Marco Polo no alternative proposal"
Revenues and profits up, guidance confirmed, but the clash between partners on governance and future in the US worsens. Camfin accuses Sinochem of lack of cooperation
The historic tire manufacturer aligns governance with US regulations and approves a dividend of 0,25 euros per share, equal to 250 million euros. The 2024 budget was also approved
General session up for the Old Continent's stock markets. In Milan banks are the protagonists, Generali does well after the meeting. Pirelli runs, Campari down. Wall Street contrasted - Follow the LIVE
Pirelli, the showdown postponed: the board of directors proposes to postpone the approval of the budget to April 28 and the shareholders' meeting to June 12. On the table, the clash with the majority Chinese shareholders, the public holding Sinochem, after…
Piazza Affari erased its losses and moved into positive territory in the wake of Wall Street where investors appreciate the growth of GDP in the fourth quarter. The other European stock exchanges also improved, halving their losses despite…
European stock markets start positively, but then travel mixed with clarifications on the duties that should come into effect on April 2. In Milan Cucinelli and Eni do well, the spotlight is on the game of risk after the ECB's negative opinion on the application of the Danish Compromise to the Banco…
European stock markets closed higher, supported by possible news on soft duties and the rise in the Ifo index. In Milan, the spotlight is on Unicredit, Intesa and Banco Bpm, Stellantis positive, Pirelli down. Volatile Wall Street - Follow the LIVE
According to La Stampa, a tough clash could occur during Wednesday's board meeting between the Chinese partner Sinochem and the management of Pirelli, which, after the entry into force of new rules in the US, does not want to risk losing a market that…
European stock markets give way under fears of US tariffs. Piazza Affari, the black sheep in Europe, sinks with heavy drops in Ferrari and Prysmian, even Eni's accounts are not convincing. On Wall Street after the initial rally Nvidia collapses...
Pirelli closed 2024 with revenues up 1,9% to 6,77 billion euros and a net profit of 501,1 million. Marco Tronchetti Provera: "We are evaluating investments in the USA". Stock price up sharply
European stock markets close positive, driven by Milan (+0,93%) and rumors about Trump's "gradual" tariffs. Waiting for the US inflation data, which could influence the Fed's future moves - Follow the LIVE
European stock markets, orphaned by Wall Street, close in green: Milan stands firm above 35 with Prysmian and Iveco. The only exception is Frankfurt which remains flat after disappointing industrial production data - LIVE
Fifteen Italian brands, including Pirelli, Intesa Sanpaolo, Enel and Snam, are included in the 2024 edition of the S&P Dow Jones Sustainability Index, one of the main global indices on corporate sustainability.
According to Il Messaggero, the operation is led by Camfin CEO Giovanni Tronchetti Provera, with a pool of banks headed by Unicredit and Intesa Sanpaolo (shareholders of Camfin itself) together with Banco Bpm
The Dow Jones touches the 44 basis point threshold for the first time. The Nasdaq is less lively but Tesla reaches a trillion in capitalization. Strong volatility in Europe instead. Mps and Pirelli are the best at Piazza Affari…
Pirelli, here are all the numbers for the third quarter and the first nine months of 2024. Tronchetti Provera: "Trade tensions risk impacting industry". CEO Casaluci: "Increasing production in North America is a priority"
The Italian government launches an investigation into Pirelli to verify a possible violation of the Golden Power prescriptions by Chinese shareholders, while Camfin and MTP intensify their shareholding presence
This is the largest M&A transaction in the Group's history. Öhlins, leader in suspensions, "It's perfect for Brembo", Öhlins leader in suspensions, "It's perfect for Brembo" says Tiraboschi
Stellantis, Stm, Pirelli, Iveco and Tim lead the rebound of Piazza Affari. All the stock markets of the Old Continent and the United States are on the rise
The Brembo-Pirelli marriage "is not going to happen": the exit of the group (of the Bombassei family) from Tronchetti Provera's company puts an end to hopes of creating a mega-group
Winds of war in the Middle East push up oil prices and US defense stocks. Hong Kong shines, supported by tech. In Europe to watch today Brembo, Pirelli and Unicredit
The Science Based Targets initiative has validated Pirelli's targets to reduce greenhouse gas emissions, with the ambitious goal of Net Zero by 2040 and an 80% reduction in emissions by 2030.
This agreement aims to develop new software solutions and improve driving functions thanks to sensors integrated into tires, known as “in-tyre” sensors.
The Board of Directors of Pirelli & C. Spa, meeting on August 1, approved the results as of June 30, 2024 which highlight a solid operational performance, thanks to the implementation of the key programs of the Industrial Plan
S&P Global Ratings strengthens confidence in Pirelli, confirming the BBB- rating and improving the outlook to positive. Recognition of the solid financial position, effective strategy and focus on the High Value segment
European markets are trying to recover ground after a negative start, while encouraging news comes from unemployment data. Waiting for the EU and US inflation data which will influence the next moves of the central banks
The Chinese fund Silk Road begins its exit from Pirelli by selling at a discount the 9% stake it holds in the capital of the company led by Tronchetti Provera which strengthens by rising to 22,7%
The coupon will be detached on June 24, 2024 and paid on the 26th. The Pirelli assembly also approved the remuneration policy. But the stock is weak on Piazza Affari
Patents, in 2023 Italian companies and inventors filed 5.053 applications with the European Patent Office (EPO), recording the highest number ever: +38% compared to ten years ago
After the car market chose Brazil as the epicenter of the production of hybrid and electric vehicles, Pirelli has already invested 2024 million euros in two operations in 70 alone: modernizing the Campinas hub (São Paulo) and…
2023 ended with profits and revenues above expectations. The coupon drops to 0,198 euros per share, but the company revises its dividend policy upwards, bringing it to 50% of the consolidated net result
European and American stock markets are all in the red. Piazza Affari loses more than one percentage point but defends 31 thousand. American stock markets are doing worse
After having surpassed the pre-Lehman level of 2008, the Ftse Mib also reaches 31 thousand and closes another positive session on the rise for all European stock exchanges
Milan is moving in the negative, ballasted by the banks - STM is also in the red after Samsung's alert - In Madrid the pharmaceutical company Grifols collapses (-25%) - Oil still on the rise, gas prices down
If we also consider the consultation agreement with Brembo, the number of Italian shareholders rises to 26% of Pirelli, behind the 37% of the Chinese partner Sinochem
Revenues and adjusted Ebitda increase in the first nine months of 2023. Adjusted Ebit margin revised upwards and governance in the high range confirmed. The new plan is postponed to 2024 due to uncertainties in the international context
Markets cautious but very on guard for the developments of the conflict in MO but also for the disappointing data on US inflation - IMF ready to intervene if the BTP-Bund spread widens too much. Oil and gas are rising
The shareholder agreement that expired effectively bound only part of the Silk Road stake, namely 5%, but served to effectively bring the control package of the Chinese partner from 37% to the effective 42%. Second…
It is called Timeless and for the first time in the history of "The Cal" it will be entrusted to an African artist. Here are the photos from the Pirelli 2024 backstage
The project wanted by Pirelli, title sponsor of the Formula 1 Pirelli Gran Premio d'Italia 2023, and by the contemporary art museum Pirelli HangarBicocca, reaches its third edition
Pirelli has renewed the agreement with the Revenue Agency. The tax advantage for 2023 is still being calculated. The benefits already acquired will go to the budget for the current year
First board meeting after the shareholders' meeting and the appointments related to the golden power. Jiao Jian chairman, here are all the names of the internal committees
In light of the performance recorded in the first half of the year and a macroeconomic scenario that remains volatile for 2023, the management of the tire group has revised some financial targets for 2023
Stock markets in slow motion while the PMI index certifies the slowdown of the economy in Germany and France. Piazza Affari remains stable. News coming from Japan. And the Nasdaq 100 debuts in a rebalanced version
This is the largest independent Brazilian operator in the transformation of natural rubber - The closing is expected by the end of the year - Shares with little movement in Piazza Affari
The general corporate management will report to the future to Andrea Casaluci - The decision responds to one of the prescriptions imposed by the Government with the exercise of the Golden Power
