Sulzer to write off belongings in Russia and Poland

Following Sulzer’s determination to exit the Russian market and shut its Polish businesses, the corporate has determined to put in writing off most of its belongings within the two countries.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time influence of CHF125 million–CHF135 million at present foreign trade rates. CHF125m will be acknowledged in the first half of 2022.
pressure gauge 10 bar -time asset write-offs may have no vital impact on Sulzer’s operational results.
Sulzer will report its half-year results on 29 July 2022.

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