I think we have this. Good morning welcome and thanks for the opportunity to present. Just to make this clear, this is not a sales pitch, right? Consider this a testimony of a happy customer. And my colleague Sandra and I, we hope that this will be anyhow interesting and useful for you. We just learned last night that our colleagues from Pirelli are also in the room.
And a warm welcome to them as well. Although we have real tire experts in the room we try to avoid any specific expressions or abbreviations from this industry sector. Anyway, if there's any question anything unclear, just come to us later and we'll explain or raise your hand during the presentation and we'll try to answer.
Having said that, I hand over to Sandra.
Thank you, Stefan. And good morning, everybody. This is our agenda for today. And what we wanted to share with you is a real example of how. CI and MI come together, which in our case is through The use of the same platform, which is Valona Plaza, and we will give some more details later about it.
We will cover who we are, what we do, how we work together how our journey to Valona Plaza has been, and the benefits and lessons learned. And there will be some time for Q& A, like Stefan said, but if there will be no time to cover all the questions or... Not with all the details needed. Feel free to reach out to us later during the breaks.
Yeah, just about the Valona Plaza. So that's the brand name of Valona. We don't use that in Goodyear. So we have our own name for that, which is called Prometheus. We like to use these code names if you want, so people can recognize in the company. In this case, Prometheus is coming from a Greek mythology.
And it's coming from the word I'm not sure if I pronounced it correctly, Promethea which means to predict or to foresee. So the project manager saw that's a good name and that's how people see it in our company on the screen when they started.
So quick one. This is more about the, how we work together, but anyhow, just a quick one. About Goodyear tires. A multibillion dollar company, American company. More than 70, 000 associates around the globe in more than 50 facilities. We're everywhere. And you can see there's not really a surprise.
We 125th anniversary. We have two innovation centers around the globe which is our R and D. And you can see from the patents that this company is really driven by innovation. We constantly have to innovate to survive. Those of you who know the manufacturing sector. That's usually a very old school mindset, right?
So that sometimes is a little contradictory to constantly innovate. But those of you who come from Europe, which I guess most of that constantly innovate means in the tire business twice a year, you have to create the best product one for summer, one for winter year on year. So we believe we're quite good in that.