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Pirelli is a global producer of Tyres, Energy and Telecommunication Cables and Systems. Active also in the Real Estate sector, Pirelli is one of the world's leading companies in all these sectors with more than 36,000 employees, 77 production sites, and total sales of 6.671 billion Euros at 31st December 2003. It focuses its R&D, production resources and competencies on leading-edge technologies, as demonstrated by the advanced Pirelli Labs in the photonics, broadband access and new materials fields and by MIRS - Modular Integrated Robotized System for tyres production. In 2001, Pirelli also acquired - via the company Olimpia - a stake in Telecom Italia group, one of the leading European telecom operators.