The Japanese group of tire companies Bridgestone announced the search for buyers for the Russian business, according to a press release from the organization.

Japanese tire maker Bridgestone to sell its Russian assets

He says the group has started to consider transferring assets, citing general uncertainty and supply difficulties as the reason.

The company plans to find a local investor and exit the Russian market within a few months.

The press service recalled that the company has been operating in the country since 1998, among its assets there is a plant in the Ulyanovsk region and an office in Moscow. Today, about a thousand people work there.

The group announced the cessation of tire production in Russia in March 2022. At the same time, supplies and investments were limited. At the same time, Bridgestone promised to maintain the salaries of all employees.

Earlier it became known that the Finnish tire manufacturer Nokian Tires will sell Russian assets to the oil company Tatneft.

How well do you know the heroes and highlights of Russian business in the last 10 years? Take the test Link

Author:

Natalia Gormaleva

Source: RB

Previous articleWhatsApp is already self-testing the chat function: here’s how it works
Next articleThese are the security and privacy options you should enable right now on your WhatsApp account.
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

LEAVE A REPLY

Please enter your comment!
Please enter your name here