Sulzer sanctioned in Poland

Sulzer has to quickly suspend the actions of its two legal 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.
diaphragm seal in Winterthur, Switzerland.
The Swiss engineering group believes that the sanctions in opposition to 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 continue to do everything in its energy to petition for a removing from the sanctions list, while absolutely complying with the sanctions at present levied in opposition to Sulzer Pumps Wastewater Poland and Sulzer Turbo Services Poland.
Sulzer has 192 employees in Poland and the group is continuous to offer help 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 isn’t sanctioned in any other country or legal entity.

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