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Following Sulzer’s choice to exit the Russian market and shut its Polish companies, the company has decided to put in writing off most of its assets in the two international locations.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time impression of CHF125 million–CHF135 million at current overseas exchange rates. CHF125m will be acknowledged in the first half of 2022.
The one-time asset write-offs will have no vital impression on Sulzer’s operational outcomes.
pressure gauge will report its half-year results on 29 July 2022.
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