The Sulzer board of directors has decided to exit the Russian market.
pressure gauge octa in Winterthur, Switzerland.
The Swiss engineering group, which has already significantly reduced its enterprise actions in Russia, stated a sales process will start instantly.
In a statement, Sulzer said that the board regrets the need of this choice “but after cautious evaluation of the potential options, concludes that it’s the best answer for all of the stakeholders.”
The firm mentioned it’s fully committed to persevering with to assist its 300 employees in Russia via the method.
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