Michelin announced on Tuesday the sale "
by the end of 2022
" of its activities in Russia, which represent 2% of the group's sales, while specifying that this operation would have no impact on its financial objectives.
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"
After suspending its industrial activities in Russia on March 15, Michelin today notes the technical impossibility of resuming them
," the tire manufacturer said in a press release.
Michelin employs around 1,000 people in Russia, including 750 at the Davydovo plant, near Moscow.
