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Pirelli Tyres Romania extends plant closure

Pirelli Tyres Romania extends plant closure factory in Slatina

BUCHAREST (Romania), March 31 (SeeNews) - Pirelli Tyres Romania, a subsidiary of Italy's Pirelli Group, said on Tuesday it has decided not to reopen its plant on April 1, as previously planned, due to the spread of the COVID-19 disease.

"As a result of new, more restrictive government measures introduced in the fight against Covid-19, including new restrictions on the freedom of movement, Pirelli has extended the suspension of its Slatina plant activity. Production will not start on April 1, as originally announced," Pirelli Romania said in a press release, without setting a possible date when it would resume production.

On March 18, Pirelli announced it is halting production at its factory based in Slatina, Olt county between March 23-31, due to the the COVID-19 pandemic and poor demand.

The Pirelli Group entered Romania in 2004 when it established its subsidiary Pirelli Tyres Romania. The construction of the production plant, a greenfield investment, began in 2005 and the first tyres were manufactured in 2006. The plant employs 4,000.