
Michelin to sell its Russia-based business activities to Power International Tires
May 29, 2023 9:15 am
Tire manufacturer Michelin said last week that it would sell its Russia Tyre Manufacturing Company and Camso CIS in Russia to Power International Tires. The financial details were not disclosed. Under the agreement, some 250 jobs mostly based at the company’s only Russian facility in Davydovo will be preserved. The facility itself employs 750 people […] Read more