As of Friday 18 March 2022, Bridgestone Corporation will suspend its manufacturing activities in Russia until further notice. This production stop will take place after “the necessary preparations” are made. The company has also decided to freeze any new investments and suspend all exports to Russia with immediate effect.
Canadian Tire Corporation (CTC) announced it will temporarily pause its Helly Hansen operations in Russia, which include its retail stores, eCommerce site and product shipments in a 4 March 2022 statement, which said: “The conflict between Russia and Ukraine is tragic and deeply concerning and CTC’s priority will continue to be protecting the safety and well-being of its employees. During this temporary pause in operations, store employees will continue to be paid and supported and the company will continue to honour its commercial obligations.”
Prometeon Tyre Group is donating one euro for each tyre sold in Europe in May to the International Committee of the Red Cross’s response to the COVID-19 pandemic. As part of its Together initiative, Prometeon has invited suppliers, customers and its staff to donate as well. Furthermore, Prometeon will match its suppliers’ contributions.
Automotive supplier Schaeffler AG and the Schaeffler family are jointly donating one million euros to the Red Cross to help in the fight against COVID-19.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.
Prometeon