The Sulzer board of directors has determined to exit the Russian market.
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The Swiss engineering group, which has already significantly lowered its business activities in Russia, mentioned a gross sales course of will begin instantly.
In an announcement, Sulzer mentioned that the board regrets the necessity of this determination “but after careful evaluate of the possible choices, concludes that it’s the best answer for all of the stakeholders.”
The firm said it’s fully dedicated to persevering with to help its 300 workers in Russia through the method.
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