Focus News USA

On March 15, 2022, Michelin, the globally renowned French tire manufacturer, publicly announced its withdrawal from the Russian market. This decision included the cessation of production at its Davydovo plant and halting all tire exports to Russia. According to recent investigations Michelin continues to supply tires to Russia through indirect channels, raising significant concerns about the company's adherence to international sanctions. Sanctions Evasion Strategy Despite Michelin's official exit, it appears that the company has found a way to maintain its presence in the Russian market. This has been achieved through a strategic partnership with the Turkish conglomerate TATKO T.A.S ., Michelin’s official distributor since 2004. In 2008, TATKO T.A.S. established a subsidiary in Kazakhstan named KAZ T-REMA International to extend its market reach. In 2023, Michelin leveraged this network to circumvent sanctions. Through TATKO T.A.S. and KAZ T-REMA International, Michelin cont...

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