Ukraine conflict: Michelin pausing some European production
The crisis currently unfolding in Ukraine is placing logistics and transportation in Europe under strain, and like many manufacturers, Michelin Group is facing “major” issues supplying its plants and delivering to customers. The company says it will work to “optimise operations and adapt flow management” by stopping production at some of its European plants for a few days in the coming weeks. Each site will decide specific duration and implementation.
“In this rapidly evolving context, Michelin will strive to limit the impact on service to our customers. At the same time, we will implement appropriate measures for employees, in accordance with local regulations,” states the company. Additionally, it is “analysing in real time” the sanctions implemented by the international community and already complying with those in effect.
Michelin further says it is “monitoring the situation at all times at the highest level of the company” and expresses “full support for the victims of this conflict,” adding that it is “doing everything possible to support affected employees” while also supporting local initiatives to provide humanitarian aid to refugees.
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