Michelin inaugurates Russian retreading plant

In late April Michelin celebrated the official opening of its first retreading facility in Russia. The opening of the retreading plant, located at its Davydovo new tyre factory near Moscow, has been described by Michelin as one of the most important steps in its long-term business strategy for Russia and the CIS. The tyre maker intends to invest some 10 million euros in the facility in the years up to 2015. The establishment of the retreading plant has created 50 new jobs at the Davydovo site.

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