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Home > Company Index > Manufacturing > Wire & Cable > Pirelli & C. SAPA
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Pirelli & C. SAPA |
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NEWS FROM THE WIRES |
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Argentine stocks recover at midday as bond rebounds Aug 07 2001 10:00 AM PDT
Analyst sees profits withering at U.S. automakers Aug 07 2001 10:00 AM PDT
Argentina's Perez Companc 2nd qtr net falls 33 pct Aug 07 2001 09:55 AM PDT
ANALYSIS-Brazilian economy still safe from recession Jul 30 2001 12:36 PM PDT
ADR Report - Japanese ADRs slump after economic report Jul 30 2001 12:35 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Pirelli & C. SAPA, a/k/a Pirellina, is a holding company for Italy's industrial group, Pirelli S.p.A. (Pirellona). Pirellona's Pirelli Tyre Holding subsidiary manufactures tires, while its Pirelli Cavi e Sistemi subsidiary makes cable, including fiber-optic systems and undersea cables. The group's subsidiaries operate plants in some 20 countries and maintain a marketing network across 120 countries. To a much lesser degree, it leases, manages, and appraises real estate. Pirellona's Pirelli Cavi e Sistemi subsidiary is selling its optical systems unit to Cisco Systems, while holding on to its optical fibers and cables divisions. It is also buying 11 energy cable plants from BICC General.
COMPETITION |
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Alcatel (ALA)
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The Goodyear Tire & Rubber Company (GT)
DEALS |
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Deal: Cisco to Buy Pirelli
Date Announced: 12.20.99
Value of transaction (US $Mil): 2150
Description: Networking giant agrees to acquire Italian optical networking technology firm in deal worth up to $2.15 billion.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 7,247,50
1-Yr. Sales Growth: 6.0%
Employees: 42,509
Revenue per employee: $170,493,31
KEY PEOPLE |
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Marco Tronchetti Provera
CEO
CONTACT INFO |
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20123 Milan, Italy
Phone: 39-02-853-51
Fax: 39-028535-4426
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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