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4d ago

French State Confirms Michelin’s €4.3 Million Repayment as Official Donation

The move follows parliamentary scrutiny over CICE-funded equipment tied to a plant that later closed.

Ce don de 4,3 millions d’euros de Michelin à l’État est d’autant plus notable qu’il est rare : on recense au Journal officiel moins de quinze donations à l’État ces vingt dernières années.
Michelin a rendu 4,3 millions d’euros à l’État.
Devant le site de l'usine Michelin de Cholet, des salariés protestent avec leurs syndicats, contre la fermeture de leur entreprise annoncée pour 2026.
Michelin restitue "volontairement" à l'Etat 4,3 millions d'euros d'un crédit d'impôt

Overview

  • An order dated December 19 and published in the Journal officiel on December 26 records the state’s acceptance, noting a bank transfer made on December 11.
  • The amount corresponds to CICE tax credits Michelin allocated to modernize the La Roche‑sur‑Yon site, including the purchase of eight industrial machines.
  • Six of the eight machines were later moved to group facilities in Spain, Italy and Poland, and the Vendée plant shut in 2020.
  • Michelin says the restitution is strictly voluntary because the CICE framework had no repayment mechanism, and Bercy validated the procedure as legally and budgetarily compliant.
  • The repayment follows media reporting and a Senate inquiry; unions welcomed the return of funds and lawmakers continue to push for enforceable clawbacks on public aid after relocations.