Somaschini SPA Competitors

Pirelli was founded in Milan in 1872 and today stands as a global brand known for its cutting-edge technology, high-end production excellence and passion for innovation that draws heavily on its Italian roots. With 18 production plants in 12 countries and a commercial presence in over 160, Pirelli has around 30,700 employees and had a turnover of about 5.3 billion euro (in 2021). It is among the world’s major producers of tyres and associated services and the only one focused solely on the Consumer tyre market, which includes tyres for cars, motorcycles and bicycles. Pirelli’s technological excellence is also nourished by the innovation and competencies derived from sporting competitions, in which it has been active for over 110 years. Currently, the Company participates in over 350 car and motorcycle sport events and, since 2011, it has been the exclusive tyre supplier to the Formula 1© World Championship and will be the sole Global Tyre Partner until 2024. All of this has grown from a strong commitment to Research and Development based on an “Open Innovation” model. In 2021, Pirelli’s investment in R&D equaled around 6% of its revenues from High Value products, one of the highest levels among the world’s major tyre producers. Pirelli boasts around 2,000 people engaged in R&D, located at its Milan headquarters and 12 local technology centres, and a portfolio of more than 6,700 patents. The Pirelli brand is an international icon standing for technology, tastefulness and Italian excellence, synonymous with safety and reliability. Represented by the unmistakable “long P” logo for more than a century, the Pirelli name is associated with exclusivity, luxury and innovation, strengthening its distinctive position as a supplier to luxury car manufacturers. Pirelli continually enhances the reputation and strength of the brand through its involvement in motorsport events and competitions, cultural and artistic projects and initiatives benefitting local communities.

The Würth Group is the global market leader in the development, production and sale of fastening and assembly materials. The Würth Group is operating worldwide and currently consists of more than 400 companies with more than 2,500 pick-up shops in over 80 countries. In its core business, the manufacturing of assembly and fastening materials, the Würth Group is a firmly established market player. Offering a range of more than 125,000 products, Würth is a reliable partner for more than four million customers from the trades and industry. Other trading and production companies, known as the Allied Companies, operate in related business areas, ranging from the electrical wholesale and electronics to financial services. The performance of the Würth Group is distinguished by customer proximity, services and excellent quality. The Würth Group has more than 85,000 employees, over 43,000 of whom work directly with customers everyday through the Group’s different sales channels. According to preliminary annual financial statements, the Group generated sales of EUR 19.95 billion in the 2022 fiscal year.

Bridgestone's business portfolio consists of four areas: the tire business as a core business, the solutions business as a growth business, the exploratory business as a business sowing new seeds, and diversified products business. By leveraging Bridgestone's strengths and undertaking each business tailored to its unique characteristics, we are strengthening our business portfolio. Tire Business -Passenger car tires -Truck and bus tires -Specialty tires: off-the road mining and construction vehicles, aircraft, agriculturatl machinery, motorcycles, etc. Solutions Business -Commercial B2B solutions: Mining solutions, Aviation Solutions, Truck and bus solutions -Retail and service solutions Exploratory Business -Recycle: Renew tires to raw materials -Airfree -Lunar rover tires -Soft-robotics, etc. Diviersified Products Business -Hydraulic and high-performance hoses and rubber tracks -Plastics piping and sesmic isolation -Sports (golf balls, etc.) -Cycles etc.