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You are here: Home1 / News2 / Company News3 / Michelin’s Russia exit taking longer than planned

Michelin’s Russia exit taking longer than planned

Date: 14th February 2023 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.

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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
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