Italian producer Pirelli had just announced plans for a Slatina-based steel cord plant worth 40 million euros, when it decided to raise the stakes, by building one more production facility.

Pirelli, the world's fifth-largest producer of tyres, will build, in the same location, Slatina, a plant manufacturing high-performance tyres, with the investment put by the Italians at 110 million euros over the next three years.

Italian producer Pirelli had just announced plans for a Slatina-based steel cord plant worth 40 million euros, when it decided to raise the stakes, by building one more production facility.

Pirelli, the world's fifth-largest producer of tyres, will build, in the same location, Slatina, a plant manufacturing high-performance tyres, with the investment put by the Italians at 110 million euros over the next three years.