16:46 - 5.11.2024

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November 5, Fineko/abc.az. Compagnie Generale des Etablissements Michelin (France), one of the world's leading manufacturers of automobile tires, announced its intention to close two factories in France no later than the beginning of 2026.

ABC.AZ reports that enterprises located in the cities of Cholet and Vannes have been facing serious economic difficulties for several years, Michelin said in a statement. Despite the measures taken by the company, the viability of the plants could not be maintained.