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Italy's Golden Power Decree Limits Marco Polo's Pirelli Influence

4/11/2026

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Story summary
  • On April 10, 2026, Italy issued Golden Power PMO Decree affecting Pirelli & C. S.p. A.
  • Marco Polo International Italy S.r.l. must hold over 9.99% of Pirelli, limiting its influence.
  • The decree allows Marco Polo International Italy S.r.l. directors, who cannot hold key posts or influence strategy.
  • It requires Pirelli to report compliance annually to the Ministry for Enterprises and Made in Italy and restricts sharing with Chinese state entities.