Bloomberg Law
March 15, 2022, 4:26 PM UTC

Michelin Stops Supplying Russian Carrier Aeroflot With Jet Tires

Tara Patel
Tara Patel
Bloomberg News

Michelin ’s decision to stop exporting to Russia includes freezing a supply contract with flag carrier Aeroflot PJSC for airplane tires, dealing a further blow to the country’s aviation industry.

The French manufacturer on Tuesday said it would also halt operations at a factory near Moscow, accounting for about 1% of its global passenger car tire production. Michelin earns about 2% of sales in Russia and employs about 1,000 people in the country, three quarters of them at a plant at Davydovo, according to the <-bsp-bb-link state="{"bbDocId":"R8SFGAMB2SJO","_id":"0000017f-8e6b-d1d1-a7ff-feeb318d0005","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">statement.

Cie. Generale des Etablissements Michelin follows a host of firms -- from food ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.