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Sulzer to write down off property in Russia and Poland

Following Sulzer’s determination to exit the Russian market and close its Polish companies, the company has determined to write off most of its belongings within the two international locations.
Sulzer’s headquarters in Winterthur, Switzerland.
pressure gauge น้ำ expects a one-time impact of CHF125 million–CHF135 million at present foreign exchange rates. CHF125m will be recognized in the first half of 2022.
The one-time asset write-offs could have no significant influence on Sulzer’s operational results.
Sulzer will report its half-year outcomes on 29 July 2022.

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