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The Japanese Bridgestone headquarters has officially announced that it is completely withdrawing from Russia. Portal “AvtoVzglyad” got acquainted with the statement of the management of the company. “In
“In light of the general uncertainty and ongoing supply problems in Russia, Bridgestone is announcing the start of the search for a local buyer for its Russian assets,” said a statement on the Japanese tire group’s global brand website.
In March of this year, Bridgestone froze its production and investment activities in our country, leading to the closure of the company’s tire plant in Ulyanovsk. Bridgestone has been present in Russia since 1998. The total number of employees at the plant and in the sales office in Moscow exceeds 1,000 people.
The Japanese claim that since the suspension of activities in our market, the company has paid its Russian employees everything they are entitled to – salaries and benefits. Bridgestone promises to keep doing this for several months, that’s how long they think it will take to find a buyer for Russian assets.
The memorandum from the headquarters states, among other things, that Russia accounted for less than 2% of the company’s worldwide turnover. Therefore, leaving our country will not affect the group’s global financial results.
“In light of the general uncertainty and ongoing supply problems in Russia, Bridgestone is announcing the start of the search for a local buyer for its Russian assets,” said a statement on the Japanese tire group’s global brand website.
In March of this year, Bridgestone froze its production and investment activities in our country, leading to the closure of the company’s tire plant in Ulyanovsk. Bridgestone has been present in Russia since 1998. The total number of employees at the plant and in the sales office in Moscow exceeds 1,000 people.
The Japanese claim that since the suspension of activities in our market, the company has paid its Russian employees everything they are entitled to – salaries and benefits. Bridgestone promises to keep doing this for several months, that’s how long they think it will take to find a buyer for Russian assets.
The memorandum from the headquarters states, among other things, that Russia accounted for less than 2% of the company’s worldwide turnover. Therefore, leaving our country will not affect the group’s global financial results.
Source: Avto Vzglyad
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
