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You are here: Home1 / News2 / Company News3 / Ukraine conflict: Michelin pausing some European production

Ukraine conflict: Michelin pausing some European production

Date: 4th March 2022 Author: Stephen Goodchild Comments: 0

The crisis currently unfolding in Ukraine is placing logistics and transportation in Europe under strain, and like many manufacturers, Michelin Group is facing “major” issues supplying its plants and delivering to customers. The company says it will work to “optimise operations and adapt flow management” by stopping production at some of its European plants for a few days in the coming weeks. Each site will decide specific duration and implementation.

“In this rapidly evolving context, Michelin will strive to limit the impact on service to our customers. At the same time, we will implement appropriate measures for employees, in accordance with local regulations,” states the company. Additionally, it is “analysing in real time” the sanctions implemented by the international community and already complying with those in effect.

Michelin further says it is “monitoring the situation at all times at the highest level of the company” and expresses “full support for the victims of this conflict,” adding that it is “doing everything possible to support affected employees” while also supporting local initiatives to provide humanitarian aid to refugees.

Related news:

  1. Michelin Reports 16.4 billion euros Sales, 35.5% Drop in Net Result
  2. Michelin to Feel the Effect of Rising Material Costs Next Year
  3. Michelin to Invest 30 million euros in Poland Production
  4. Dunlop to Recommence Production in Nigeria
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logistics, Michelin, production, raw materials, reduction in production, RussiaUkraineWar

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