State diner with Brazilian President at the Elysee - Paris

State diner with Brazilian President at the Elysee - Paris

CEO of The Michelin Group Florent Menegaux arriving at The Elysee Presidential Palace ahead of a state dinner with France's and Brazil's President in Paris on June 5, 2025. Photo by Raphael Lafargue/ABACAPRESS.COM

State diner with Brazilian President at the Elysee - Paris

State diner with Brazilian President at the Elysee - Paris

CEO of The Michelin Group Florent Menegaux arriving at The Elysee Presidential Palace ahead of a state dinner with France's and Brazil's President in Paris on June 5, 2025. Photo by Raphael Lafargue/ABACAPRESS.COM

Michelin Closing Another 2 Plants In Europe

Michelin Closing Another 2 Plants In Europe

File photo dated April 8, 2024 shows Michelin CEO Florent Menegaux. Michelin is to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year. Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

Michelin Closing Another 2 Plants In Europe

Michelin Closing Another 2 Plants In Europe

File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. Michelin is to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year. Photo by Vernier/JBV News/ABACAPRESS.COM

Michelin Closing Another 2 Plants In Europe

Michelin Closing Another 2 Plants In Europe

File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. Michelin is to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year. Photo by Vernier/JBV News/ABACAPRESS.COM

Michelin Closing Another 2 Plants In Europe

Michelin Closing Another 2 Plants In Europe

File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. Michelin is to close its Cholet and Vannes plants in France by early 2026 at the latest. The company announced this planned measure to the two facilities’ 1,254 employees this morning. When added to the approximately 1,500 employees at three locations in Germany, where operations will cease by the end of 2025, Michelin has announced some 2,750 job cuts within Europe in the past year. Photo by Vernier/JBV News/ABACAPRESS.COM

Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated April 8, 2024 shows Michelin CEO Florent Menegaux President de Michelin during a trilateral meeting on the European industrial policy in Meudon, outside Paris, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated December 5, 2023 shows Florent Menegaux, President of Group MIchelin at the Inauguration of Symbio factory gigafactory in Saint Fons near Lyon, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated December 10, 2021 shows Michelin Group CEO Florent Menegaux during a photo session at the Michelin headquarters in Clermont Ferrand, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Renaud Khanh/ABACAPRESS.COM

Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Vernier/JBV News/ABACAPRESS.COM

Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Vernier/JBV News/ABACAPRESS.COM

French tiremaker Michelin vows to continue investment in China

STORY: French tiremaker Michelin vows to continue investment in China SHOOTING TIME: Early April, 2024 DATELINE: April 16, 2024 LENGTH: 00:01:16 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of Michelin Shenyang plant 2. SOUNDBITE (English): FLORENT MENEGAUX, CEO of Michelin Group 3. various of Michelin Shenyang plant STORYLINE: Impressed by the tremendous development of Shenyang, capital of northeast China's Liaoning Province, Florent Menegaux, Michelin Group CEO, has expressed his strong confidence in the performance of its Shenyang plant, vowing to continue investment in China. SOUNDBITE (English): FLORENT MENEGAUX, CEO of Michelin Group "I've seen tremendous development, especially in Shenyang City. I've also seen the development of our people in our plants. I'm always very excited when I come and visit our Shenyang plant. Michelin has been present in the province of Liaoning for the past 30 years. We had an old plant in the city center of Shenyang that we have moved into a more su

Trilateral Meeting On European Industrial Policy - Paris

Trilateral Meeting On European Industrial Policy - Paris

Bruno Le Maire Ministre de Economie and Florent Menegaux President de Michelin during a trilateral meeting on the European industrial policy in Meudon, outside Paris, France on April 8, 2024. Since March 2017, France, Germany and Italy have initiated trilateral cooperation to promote the digitisation of the manufacturing sector and to support the European Union's efforts in this area. Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

Trilateral Meeting On European Industrial Policy - Paris

Trilateral Meeting On European Industrial Policy - Paris

Florent Menegaux President de Michelin during a trilateral meeting on the European industrial policy in Meudon, outside Paris, France on April 8, 2024. Since March 2017, France, Germany and Italy have initiated trilateral cooperation to promote the digitisation of the manufacturing sector and to support the European Union's efforts in this area. Photo by Jean-Bernard Vernier/JBV News/ABACAPRESS.COM

China import expo shines spotlight on enhanced openness, win-win cooperation

STORY: China import expo shines spotlight on enhanced openness, win-win cooperation SHOOTING TIME: Nov. 5, 2023 DATELINE: Nov. 5, 2023 LENGTH: 00:02:46 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of 6th China International Import Expo 2. SOUNDBITE 1 (English): JAANA HUSU-KALLIO, Deputy Minister for Agriculture and Forestry, Finland 3. SOUNDBITE 2 (English): HUGH JONES, Global CEO of Reed Exhibitions 4. SOUNDBITE 3 (English): FLORENT MENEGAUX, CEO of Michelin Group 5. STANDUP 1 (English): SUNNY ZHOU, Xinhua correspondent 6. SOUNDBITE 4 (English): HUGH JONES, Global CEO of Reed Exhibitions 7. SOUNDBITE 5 (Chinese): SEAN SHAN, Senior Vice President, Takeda Pharmaceutical Company Ltd. 8. STANDUP 2 (English): SUNNY ZHOU, Xinhua correspondent 9. SOUNDBITE 6 (English): JAANA HUSU-KALLIO, Deputy Minister for Agriculture and Forestry, Finland 10. SOUNDBITE 7 (English): FLORENT MENEGAUX, CEO of Michelin Group STORYLINE: SOUNDBITE 1 (English): JAANA HUSU-KALLIO, Deputy Minister for Agriculture an