Michelin to transfer activities in Russia by end of 2022

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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.

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Matt joined UKi Media & Events in 2014 after seven years of living and working in Dubai. He has been a journalist for over 15 years and has worked for a wide range of publications, including Rolling Stone, Time Out, iQ, Wired, Kipp Report and Loaded. After starting out on the automotive team as deputy editor of Engine Technology International, Electric & Hybrid Vehicle Technology International and Transmissions Technology International, he has been an editor since 2015, and began editing Tire Technology International in 2018. In 2020, he was appointed editor-in-chief of Tire, Electric & Hybrid Marine Technology International and Wheel Technology International. He is also the chairman of the Tire Technology International Awards for Innovation & Excellence

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