After suspending its manufacturing activities in Russia on March 15, 2022, Michelin has announced that it deems it technically impossible to resume production, in particular due to supply issues, amid a context of general uncertainty.
The Group is therefore compelled to plan the transfer of all its Russian operations by the end of 2022 and is considering the possibility of transferring control of its administrative, sales and industrial operations to the current local management. In doing so, Michelin is preparing the most favorable framework possible for its employees. The new entity would operate through an independent structure from Michelin.
Michelin Russia employs approximately 1,000 people, including 750 at the Davydovo plant, located about 100km from Moscow. The site has an annual production capacity of 1,500,000 to 2,000,000 tires, mainly for passenger cars. Michelin’s sales in the country represent 2% of the Group’s total sales and 1% of its global car tire production.