Swiss Sulzer leaves Russia

25.05.2022       

The Sulzer Board of Directors has decided to initiate the exit process from the Russian market. The sale process will begin immediately and follows Sulzer's announcement earlier this year that the company had already significantly reduced business activity in Russia. The Board of Directors regrets the need for this decision after decades of working in Russia, but after careful consideration of the options, concludes that this is the best solution for all stakeholders. Sulzer is grateful to all employees worldwide for their outstanding work during these challenging times and is determined to continue to support its 300 employees in Russia throughout this process.