Sulzer sanctioned in Poland

Sulzer has to briefly droop the activities of its two legal entities in Poland – Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland – because of sanctions levied by the Polish authorities on its Russian minority shareholder Viktor Vekselberg.
Sulzer’s headquarters in Winterthur, Switzerland.
The Swiss engineering group believes that the sanctions against its two entities in Poland are misguided and says that Vekselberg has no management or ownership of any Sulzer entity.
The company says it will continue to do everything in its energy to petition for a removal from the sanctions list, whereas absolutely complying with the sanctions currently levied in opposition to Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland.
เกจวัดแรงดันsumo has 192 staff in Poland and the group is continuous to provide support to the households impacted by the local Polish sanctions.
If the suspension were to final, the potential influence on Sulzer’s sales is restricted to CHF21 million, which represents zero.6% of the group’s total gross sales in 2021.
Sulzer just isn’t sanctioned in some other country or legal entity.

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