Sulzer sanctioned in Poland

Sulzer has to quickly droop the activities of its two authorized entities in Poland – Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland – because of sanctions levied by the Polish government on its Russian minority shareholder Viktor Vekselberg.
Sulzer’s headquarters in Winterthur, Switzerland.
The Swiss engineering group believes that the sanctions towards its two entities in Poland are faulty and says that Vekselberg has no control or possession of any Sulzer entity.
The firm says it’ll proceed to do everything in its power to petition for a removing from the sanctions list, while totally complying with the sanctions presently levied against Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland.
Sulzer has 192 workers in Poland and the group is continuing to supply help to the families impacted by the local Polish sanctions.
If Template were to final, the potential impression on Sulzer’s gross sales is limited to CHF21 million, which represents zero.6% of the group’s total sales in 2021.
Sulzer just isn’t sanctioned in another nation or authorized entity.

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