Sulzer to write off assets in Russia and Poland

Following Sulzer’s decision to exit the Russian market and shut its Polish companies, the corporate has decided to put in writing off most of its belongings within the two countries.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time impact of CHF125 million–CHF135 million at current overseas trade charges. CHF125m might be acknowledged within the first half of 2022.
pressure gauge -time asset write-offs may have no important impact on Sulzer’s operational outcomes.
pressure gauge 10 bar will report its half-year outcomes on 29 July 2022.
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