Tag: Pirelli

Pirelli Board Approves New Sustainability-Linked Bank Line of 400 Million Euro

Financial Structure Optimized, Debt Maturities Covered until First Half of 2024 Milan – WEBWIRE – Friday, June 24, 2022 The Board of Directors of Pirelli met and approved the underwriting with a select pool of international banks of a sustainability-linked credit line for an amount up to 400 million euro, with a 19-month maturity that enables the further optimization of the group’s financial structure. The new line, to be used to reimburse part of the debt maturing in 2023, contributes to preserving the liquidity margin, with debt maturities covered until the first half of 2024. The ... Read more

Pirelli: Shareholders’ Meeting Called for 18 May 2022

PARTICIPATION OF SHAREHOLDERS WILL BE THROUGH DESIGNATED REPRESENTATIVE Milan – WEBWIRE – Wednesday, April 13, 2022 Pirelli & C. S.p.A. today called – in ordinary session – a Shareholders’ Meeting in Milan at the Notary Office Marchetti, Via Agnello 18, at 10.30 a.m. on Wednesday 18 May in sole call. As well as resolutions regarding the approval of the 2021 Financial statements and the allocation of the result and dividend distribution, the Shareholders’ Meeting will be called to approve the remuneration policy with regard to 2022, express itself through an advisory vote on compensation paid in ... Read more

Pirelli Elect Wins the 2021 ‘Hevea’ Award in Spain for the Best Technological Innovation in the Tyre Industry

PIRELLI’S TECHNOLOGY DEDICATED TO ELECTRIC AND HYBRID PLUG-IN VEHICLES RECOGNISED IN A VOTE FROM 12,000 INDUSTRY PROFESSIONALS Milan – WEBWIRE – Wednesday, March 9, 2022 Pirelli’s Elect technology package has won the prize for “Best Technological Innovation of 2021” at the third edition of Los Premios Hevea de la Industria del Neumático: an awards ceremony held in Spain to recognise the work done by companies in the tyre and auto parts sectors, organised by the Europneus magazine. These prizes are awarded based on the votes of nearly 12,000 automotive professionals, from those working in tyres and ... Read more

Pirelli Confirmed “S&P Global Gold Class” in Sustainability

Recognition given in context of the Sustainability Yearbook 2022 Milan – WEBWIRE – Tuesday, February 1, 2022 Pirelli awarded gold again with its confirmation as Gold Class in the Sustainability Yearbook 2022, published by S&P Global and based on the assessment of the sustainability profiles of over 7,500 companies.  Pirelli obtained “S&P Global Gold Class”. The rankings are prepared each year based on the Corporate Sustainability Assessment for the S&P Global Dow Jones Sustainability indices. In 2021, as already noted, Pirelli was confirmed one of the excellent performers in the Automobiles & Components sector in the ... Read more