Italian tire and cable manufacturer Pirelli signed an agreement with German competitor Continental AG to create a joint venture in Romania to produce metal cord used in radial tires.Italian tire and cable manufacturer Pirelli  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. signed an agreement with German competitor Continental AG to create a joint venture in Romania to produce metal cord used in radial radial /ra·di·al/ (ra´de-al) 1. pertaining to the radius of the arm or to the radial (lateral) aspect of the arm as opposed to the ulnar (medial) aspect; pertaining to a radius. 2. tires. The new company, Cord Romania, will be 80% owned by Pirelli, which will invest EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 40 million in the next three years. The agreement marks Pirelli's first investment in the Balkans. |
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