Like Volkswagen or BMW, the Michelin group will stop production at some of its plants in Europe due to supply chain problems associated with “the serious crisis currently unfolding in Ukraine,” the tire industry said on Thursday.
“In order to optimize its operations and adjust its flow management, the group has decided to stop production at some of its plants in Europe for a few days in the coming weeks,” the group said in a statement.
“Every area will decide the specific duration and the application arrangements “, but these interruptions are expected to concern the” majority “of the areas, a group representative explained to AFP.
“Due to the current crisis, and like many industry players in Europe, the Michelin group is also facing significant supply chain and transportation difficulties to supply its factories and deliver to its customers,” the group said in a statement.
In Russia, a thousand associates of the French group make tires in Davidovo near Moscow, and the plant is “in poor condition”. The group also has almost twelve trading partners in Ukraine.
Michelin “expresses its support to the victims of this conflict” and “makes every effort to support its targeted employees,” he said.
Follow Skai.gr on Google News
and be the first to know all the news
I have worked in the news industry for over 10 years. I have a vast amount of experience in covering health news. I am also an author at News Bulletin 247. I am highly experienced and knowledgeable in this field. I am a hard worker and always deliver quality work. I am a reliable source of information and always provide accurate information.
