Sulzer to exit the Russian market

31.05.2022
The Sulzer Board of Directors has decided to initiate the process of exiting the Russian market.

The sales process will begin with immediate effect and follows Sulzer’s announcement earlier in the year that it had already significantly reduced business activities in Russia.

The Board regrets the necessity of this decision after decades of operations in Russia, but after careful review of the possible options, concludes that it is the best solution for all the stakeholders.

Sulzer expresses its gratitude to all employees globally for their outstanding engagement in these challenging times and is fully committed to continue supporting its 300 employees in Russia through the process.

More articles on this topic

Sulzer Further Strengthens Middle East Presence with Acquisition of Davies and Mills in Bahrain

18.02.2025 -

Sulzer announces the acquisition of Davies and Mills, an electromechanical services (EMS) provider based in Bahrain. With this acquisition, Sulzer expands its regional footprint in the Middle East to six service locations, welcoming 53 former Davies and Mills employees to the Sulzer family in Bahrain. The acquisition was concluded in January 2025, bringing exceptional expertise to Sulzer’s portfolio.

Read more

Sulzer Expands Presence in India to Enhance Support for Growing Energy Sector

14.02.2025 -

Sulzer has expanded its Service Center in Vadodara, India, to offer turbomachinery support in close proximity to major industry players in India’s mid-western oil and gas industrial belt. The expansion follows the recent launch of Sulzer’s Chennai Service Centre in southeastern India, reinforcing the company’s commitment to the Indian market as the country intensifies its focus on energy security and sustainability.

Read more

Sulzer Partners with Petrovietnam Power (PVP) to Ensure Continued Energy Security with Significant Cost Savings

08.01.2025 -

Sulzer Services recently partnered with a branch of Petrovietnam Power Corporation – JSC – Petrovietnam Power Hatinh Company (PVP) to perform an extensive rotor repair for the steam turbine generator unit at a 1’200 MW thermal power plant in Vung Ang, Vietnam. Using regional support and state-of-the-art technologies, the restoration provides shortened repair times and operational cost savings. It also secures long-term energy for industry and thousands of homes in Vietnam.

Read more

Sulzer Announces Opening of New Pioneering Service Center in Kuwait

10.12.2024 -

Sulzer has opened a new Service Center in Al Ahmadi, Kuwait, the first-of-its-kind in Kuwait to provide around-the-clock engineering services for all brands of pumps and rotating equipment. The newly opened Service Center supports over 1,500 Sulzer pumps already installed in local plants across Kuwait, while further servicing pumps from other brands. This is the first time an original equipment manufacturer (OEM) offers such comprehensive services in the region.

Read more