Sulzer sanctioned in Poland

เพรสเชอร์เกจ has to temporarily suspend 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 towards its two entities in Poland are misguided and says that Vekselberg has no management or possession of any Sulzer entity.
The company says it will proceed to do every little thing in its energy to petition for a removal from the sanctions list, whereas totally complying with the sanctions presently levied towards Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland.
Sulzer has 192 employees in Poland and the group is continuing to offer support to the families impacted by the local Polish sanctions.
If the suspension have been to final, the potential impression on Sulzer’s gross sales is restricted to CHF21 million, which represents 0.6% of the group’s total sales in 2021.
Sulzer just isn’t sanctioned in any other nation or legal entity.
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