Pirelli: Tronchetti, ChemCina makes us more ‘strong – Italian Stock Exchange

(Il Sole 24 Ore Thomson Financial) – Milan, March 24 – The choice of ChemChina “was the best for Pirelli”: the operation “Pirelli makes more ‘strong, it reiterates the roots and strengthens the role of management.” Cosi ‘Marco Tronchetti Provera said in an interview with Corriere della Sera, the agreement with the Chinese group. “ChemChina – observes Trocnhetti – and it ‘been very open in considering a value rooting of men and technologies in Italy, and that value’ was secured with specific clauses of the agreements.” “We continue to drive us – notes – pursuing the development plans established and without any risk to the occupation, it ‘in Italy, it’ factories overseas.” About the possibility ‘of an appeal to partners such as the Strategic Fund or F2i “does not make much sense – observes the president of Pirelli – invoke the intervention of public funds to ensure Italianity’. Men, technologies and is based in Italy are guaranteed Agreements and the Chinese partner strengthens us in a huge market. ” “I am concerned about some jerks who know of old,” Tronchetti reply to the findings of the unions. “The real industrial policy – he says – it does so by creating the conditions for attracting investment, creating jobs, giving space to the formation and development of technologies to leverage the excellence that thankfully still exist in the country. If I look out of Italy I see that

car manufacturers are producing in Britain, Germany and Spain. Only lately, thankfully, Fca has taken to create jobs. ‘Cause these difficulties’ in Italian? The answer can not’ be certain nationalism manner of speaking in a superficial way of industrial policy. ” “For decades – he adds – we heard that small and ‘nice, but small for the growing needs of the size that leads to reason in all the big players in the market.” The current government “has just look at the world and the right agenda. The Jobs Act and ‘an act of true industrial policy.” The President of the Council and ‘was made aware of the negotiations with ChemChina and “took it for Pirelli and’ a great opportunity ‘.”

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(RADIOCOR) 24- 03-15 09:13:57 (0142) 5 NNNN