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Home (12973 companies) > France (2167 companies) > Tires (1 companies) >



Michelin


Headquarters location: 12, cours Sablon 63000 Clermont-FerrandFranceTel. 33-4-73-98-59-00 Job offers, investor relations: www.michelin.com Email: eric.le-corre@fr.michelin.com


Michelin belongs to

shareholder
country     %
source
Capital Research & Management Inc.United States of America5Les Echos
CDC (Caisse des Dépôts et Consignations)France4.1Les Echos
EmployésWorld2.1Les Echos
EurazeoFrance3.7
MichelinFrance1
Michelin (famille)France30
Société GénéraleFrance4.5

Michelin owns

subsidiary
country     %
source
Apollo Tyres Ltd India14.9Les Echos
Euromaster France100Les Echos
Michelin France1
Peugeot SA France1.1

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« ETHICAL » RATING OF MICHELIN , group and subsidiaries [?]
1
Labor: 1 violation(s) of fundamental labor rights
13%
Job: 13% of company's jobs cut since 1998
1
Delinquency: 1 act(s) of financial or trade delinquency
6
Tax haven, secret bank account, shell companies: operates in 6 offshore financial center(s)
16
Sales: more than 16 billion(s) dollars/euros in annual sales
4
Net profit: more than 4 billion(s) dollars/euros in cumulated net profit since 1998
144
Top management: earns 144 times the median income in the United States (32000 US$/year)
2
Influence: 2 act(s) of direct corruption or lobbying
9
Advertising & marketing: 9 dubious practice(s)

Relevance: business & market share

year
business
source
2006World's largest tyre manufacturer, Michelin makes 19,4% of the tyres bought in the world.Les Echos

World locations & Manufacturing

country incentive : address & contact : production type
source
Algeria  Michelin Algérie SPA : pneus La Tribune
Brazil  Indústria e Comércio Ltda. :
Brazil  : plantations d'hévéas
Brazil  Michelin de Bahia : 3.000 hectares pour la recherche et la conservation de la nature Les Echos
Brazil  Près de son usine de Campo Grande : 40 000 tonnes/an de pneus "génie civil" Les Echos
China  Shenyang : Production, pneumatiques Les Echos
China  Shanghai Michelin Warrior Tire Co., Ltd. Shanghai :
China  Michelin Shenyang Tire Co., Ltd., Liaoning Province :
China  Passenger Tire Co. : 3.8 millions de pneus tourisme/an, 1.1 million de pneus pour poids lourds par an
Colombia  Industria Colombiana de Llantas : pneus
Côte d'Ivoire  Société internationale de plantations d'hévéas (20%) : Production, Fraternité M.
Egypt  Trenco : Le Figaro
Hungary  Michelin Hungaria Tyre Manufacture Ltd. : pneu Taurus
India  Michelin India Private Limited : 300 000 truck tires/year
India  Joint-Venture avec Apollo Tyres Ltd. (51%) : pneus poids lourds en bus Les Echos
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Miripro Insurance Company Limited : insurance
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Mireis Limited, Dublin :
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Oboken Limited, Dublin :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Michelin Luxembourg SCS :
Mexico  Industrias Michelin, S.A. de C.V., QUERETARO CINCO DE FEBRERO 2113 ZONA INDUSTRIAL BENITO JUAREZ & 42 0142170899 :
Mexico  Autopartes Internacionales de Querétaro : 6000 pneumatiques/jour Les Echos
Mexico  54 IND.TEQUESQUINAHUAC 54050 MEXICO & 3104109 :
Mexico  Uniroyal, DISTRITO FEDERAL MIGUEL HIDALGO LAGO AULLAGAS 60 TORREBLANCA & 5 55272020 :
Nigeria  Waterside Rubber Estates Limited : plantation
Nigeria  Osse River Rubber Estates Limited : plantation
Nigeria  Araromi Rubber Estates Limited : plantation
Nigeria  Utagba Uno Rubber Estates Limited : plantation
Nigeria  Michelin (Nigeria) Limited : plantations d'hévéas
Netherlands  : holding L'Expansion
Philippines Offshore finance, secret bank account, tax haven, shell companies or free zone(s) MSF Tire and Rubber :
Poland  Michelin Polska S.A. : Stomil-Olsztyn Les Echos
Romania  Michelin Romsteel Cord S.A., Zalau :
Romania  Michelin RomRetreading S.R.L., Bucarest :
Romania  Victoria S.A. :
Romania  Silvania S.A. : pneus Le Figaro
Russia  Michelin Russian Tyre Manufacturing Company, Davydovo : 2.1 millions de pneus tourisme/an
Yugoslavia  TIGAR MH doo, Pirot :
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Société des Matières Premières Tropicales Pte. Ltd. :
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Michelin Asia-Pacific Pte Ltd : AFP
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Compagnie Financière Michelin, Granges-Paccot : Production,
Thailand  Siam Tyre Phra Pradaeng Co., Ltd. Samutprakarn :
Thailand  Siam Steel Cord Co., Ltd. Rayong :
Thailand  Michelin Siam Company Limited, Bangkok :
Thailand  : 5 millions de pneus tourisme/an, 1.2 million de pneus pour poids lourds par an
Turkey  Tekersan à Bilecik : Les Echos
Uruguay Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Zona franca de Montevideo :

Michelin is managed by

year name
photo position; compensation
source
2007Cox, Pat
See the photo of: Cox, Pat Monitoring Committee;
2007Parisot, Laurence
See the photo of: Parisot, Laurence Monitoring Committee;
2006Rollier, Michel
See the photo of: Rollier, Michel Chief Executive Officer;
2005Michelin, Edouad
See the photo of: Michelin, Edouad Chief Executive Officer; stock-options: 3.07 million Eu€;
2004Desmarets, Pierre
See the photo of: Desmarets, Pierre Chief Operating Officer;
2004Rollier, Michel
See the photo of: Rollier, Michel Chief Financial Officer;
1999De Royère, Edouard
See the photo of: De Royère, Edouard Monitoring Committee;
1999Michelin, Edouad
See the photo of: Michelin, Edouad Chief Executive Officer;

Advertising & marketing

year
dubious practice : image
source
2006Arguable partnership: Le 3 octobre 2006, Michelin a été retenu dans le Climate Leadership Index pour sa gestion des risques et opportunités liés aux émissions de gaz à effet de serre. Cet index a été créé par le Carbon Disclosure Project, qui regroupe 225 investisseurs institutionnels, pesant 31 000 milliards de dollars.:
2006Arguable partnership:
2006Arguable partnership:
2006Arguable partnership:
2006Arguable partnership:
2006Arguable partnership: Challenge Bibendum,le rendez-vous mondial de la mobilité durable pour tous les constructeurs:
2006Arguable partnership: Partenaire du projet Mobilité Durable au sein du Word Business Council on Sustainable Development:
2006Arguable partnership: Bien qu'il vende environ 250 millions de pneumatiques par an, Michelin est membre des indices de développement durable: Ethibel ESI, Dow Jones DJSI, et Advanced Sustainability Index ASPI.:
2004Arguable partnership: Don pour les victimes du tsunami en Asie: 1 500 000 euros: value: Humanitaire; Les Echos
2004slogan: Une meilleure façon d'avancer.;
1999slogan: Les plus belles performances sont celles qui durent.;

Made by

year
employees
<>
social impact : country
source
2007
-1300
Closure/Bankruptcy: Michelin closes its tourism tires factory in Toul, Meurthe and Moselle, because of the competition from low cost countries.: France
Les Echos
2007
Relocation: Michelin wants to reduce its costs by 1,5 to 1,7 billion euros over three years. In North America and Europe, an employee leaving to the retirement on two will not be replaced. Michelin will be reinforced in the emergent countries: China, Brazil, Russia, India and Vietnam.:
L'Expansio.
2007
-65
Closure/Bankruptcy: Michelin closes the Leeuw-Saint-Pierre center. The job losses concern 29 people at Michelin, 3 temporary workers, and 27 people of companies sub-contracting ISS and TNT established on the Michelin site.: Belgium
7sur7
2007
-1300
Closure/Bankruptcy: Closure of the tires factory in Port-Harcourt: Nigeria
Les Echos
2006
129000
2006
Internal restructuring: United States of America
Les Echos
2006
Closure/Bankruptcy: Canada
Les Echos
2006Les Echos
2006
-1000
Closure/Bankruptcy: Michelin ferme l'usine BFGoodrich de Kitchener, en Ontario, en raison des surcapacités dont souffre le marché des pneumatiques grand public pour véhicules de tourisme en Amérique du Nord.: Canada
Cercle Fin.
2005
520
Les Echos
2004
-2900
Internal restructuring:
Les Echos
2002
126285
2002
ILO violation 87 98 : Discrimination syndicale: amende 374 334 Euros: France
Boursier.c.
2001
127467
2001
-2900
Les Echos
2001
-2000
Les Echos
2000
128122
2000
-473
BBC News
1999
1999
-7500
CNN
1998
123254
1996
119780
L'Expansio.
1996
27018
-374
Alternativ.

Influence

year
purpose : intermediary/lobby : institution
source
2000Prevent binding environmental regulations (environmental protection through economic growth, self-regulation and free trade) : WBCSD (World Business Council for Sustainable Development) : : United Nations translateCorporate .
1999Deregulation and "maximum liberalization" through WTO, GATS : TABD (Transatlantic Business Dialogue) : : US Government / European Commission translateCorporate .

Subsidy

yeardonatorcountryamountsource
2005EtatPoland33 million Eu€L'usine no.

Financials

yearfinancial misdemeanorsalesincome buybacksource
2007   16.870.77   billion Eu€
2006   16.380.57   billion Eu€
2005   15.590.89   billion Eu€
2004   15.690.53   billion Eu€L'usine no.
2004 Amende de 19,76 millions d'euros pour les remises, ristournes et avantages offerts à ses revendeurs sur le marché français du pneu poids lourd.     AFP
2003   15.370.32   billion Eu€
2002   18.50.69   billion US$
2001   15.770.3   billion Eu€
2000   15.40.4   billion Eu€
2000   1.047billion Eu€Actualinfo.
1999   13.760.28   billion Eu€
1998   12.490.54   billion Eu€

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