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Pirelli denies UK plant closure

2nd July 1992, Page 6
2nd July 1992
Page 6
Page 6, 2nd July 1992 — Pirelli denies UK plant closure
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Which of the following most accurately describes the problem?

• Italian tyre manufacturer Pirelli is denying media reports that it is shutting its UK truck tyre manufacturing operation.

Newspaper reports have stated that Pirelli is planning to stop truck tyre production in two of the five countries where it operates.

The company is restructuring its business, and has said that it is speeding up its cost-cutting programme by slashing 1,520 jobs in Italy.

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