Pirelli tire chairman: Europe needs a unified policy
Italian Pirelli tires (Pirell) chairman MarcoTronchettiProvera when 6 November 2013 interview that the core issue of European economic weakness is the lack of international competitiveness, as the region gradually out from the depths of the recession, the need for "a unified policy." Provera said he believes that the economic crisis in Europe will continue, but added that he is confident that next year will take corresponding actions to stimulate the economy. He pointed out that "the action is to rebalance the value of the euro. Our economic growth is so weak, and the currency is so strong. This is contradictory." He also said, "We must compete with the rest of the world. It is not enough to have a unified currency. We need a unified policy." Prior to Provera’s remarks, Pirelli Tire disclosed its new business plan, which set a target of operating profit margins of more than 15% by 2017, despite the fact that Europe’s economic situation is still not very good. The company said that the company plans to increase its tire revenue from around 6.2 billion euros this year to 7.5 billion euros by 2016. Metal stamping Audio Metal Chassis Panel
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