Changes to the Sulzer Board of Directors

15.06.2018

In line with its reduced shareholding and new status as a minority shareholder of Sulzer, Renova has elected to reduce its Board representation effective immediately.

As such, Axel Heitmann, the Renova representative with the shortest tenure on Sulzer’s Board of Directors, has tendered his resignation. The Board of Directors of Sulzer thanks Dr. Heitmann for his important contribution.

The Sulzer Board is now composed of seven members, three of whom represent Renova.

The Sulzer Board has elected Marco Musetti to replace Dr. Heitmann on the Audit Committee.

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Pumps for Flood Control in Paraguay

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At the end of 2021, the KSB Group was awarded a contract for the delivery of 14 large submersible motor pumps for flood control in Paraguay. The pumps are intended for equipping several pumping stations belonging to the “Costanera de Pilar y control de inundaciones” project.

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