You are here: / / / Michelin’s Russia exit taking longer than planned

Michelin’s Russia exit taking longer than planned

Author: Stephen Goodchild Comments: 0
Michelin’s Davydovo plant near Moscow (Photo: Michelin)

Three months after pausing operations in Russia, Michelin issued a press release on 28 June 2022 acknowledging the technical impossibility of resuming operations there. At the time it spoke of transferring control of its operations to local management, and Michelin tells us that the intention was to dispose of its operations in Russia by the end of last year.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Tyre makers & the Russia dilemma
  2. Impossible to resume production – Michelin transferring Russian operations
  3. Farewell Russia? The exit of global players offers long-term growth to domestic firms
  4. Nokian Tyres exits Chinese market
Comments
Comments closed
Share this entry
Price adjustments lift Michelin sales & income in 2022 Hankook supplying 21″ tyre option for VW ID. Buzz

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.