AUTONEWS
The world's largest tire manufacturer, Bridgestone, has just announced that it has suspended exports to Russia and froze "any new investments" to be made there. As of next Friday, March 18, these measures will be followed by the suspension of production in the country led by Vladimir Putin. This is yet another condemning reaction to Russia's invasion of Ukraine.
During the last few weeks, we have been deeply affected by the war in Ukraine and its impact on many innocent people, including our collaborators and partners. We condemn any form of violence and hope that peace can be restored quickly. Our main concern in this crisis is the safety of our professionals and their families.
According to the company, whose history also goes through war (in World War II, virtually all of Bridgestone's production was allocated to Japan's military operations, by imposition of war regulations), production in Ulyanovsk will be stopped "until further notice". ”, the resumption of operations in Russia depending on the monitoring of the conflict. “As the situation evolves, Bridgestone's global and regional management will continue to closely monitor the situation and adapt plans flexibly where necessary. We expect industrial production outside Russia to remain stable in the coming weeks.”
Bridgestone also assures that it will “financially support” the more than 1000 workers it has in activity in the Russian Federation, distributed by the car tire factory and commercial spaces. This support joins two donations totaling €3.5 million, one from the Bridgestone Corporation, which gave €2.5 million to the Office of the United Nations High Commissioner for Refugees, the other from Bridgestone EMIA. . The strategic business unit for Europe, Russia, Middle East, India and Africa donated 1 million euros to the Red Cross.
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