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Michelin To Transfer Russian Business

Michelin Transfer Russian Business
Michelin announces its intention to transfer its activities in Russia to local management by the end of 2022

Michelin Steps Back in Russia

After suspending its manufacturing activities in Russia on March 15, Michelin has now confirmed that it is technically impossible to resume production, due in particular to supply issues, amid a context of general uncertainty.

The Group is therefore compelled to plan the transfer of all of 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 curr...

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