Pirelli ‘Ceases Activities’ in Venezuela, Sells Tire Factory
Pirelli & C. S.p.A has sold its tire factory in Venezuela and ceased all other operations in the country under severe economic crisis.
Pirelli Suspends Production in Venezuela
Pirelli & C S.p.A. has suspended its Venezuela production indefinitely due to economic conditions in the country, the BBC reported.
Bridgestone Sells Venezuelan Subsidiary
Bridgestone Americas has reached an agreement to divest its Venezuelan subsidiary, Bridgestone Firestone Venezolana, to the Corimon Group. The subsidiary will be renamed Alice Neumáticos de Venezuela, a company managed by the Corimon Group. The divestiture of Bridgestone Firestone Venezolana is part of a “strategic decision to prioritize Bridgestone’s growth and investment in other Latin
