Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Sulzer Ltd. is a Swiss industrial engineering and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as Sulzer Brothers Ltd. in 1834 in Winterthur, Switzerland. Today it is a publicly traded company with some 180 manufacturing facilities and service centers around the world.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
62
Assets(RF), mln.USD
163
Capital(RF), mln.USD
92
Glob.Revenue, mln.USD
3652
Staff(RF), 2021
317
Taxes(RF), mln.USD
8

In a photo from a presentation published in the article on gtt.ru, the company Sulzer is mentioned among the participants in the Russian gas turbine service market. The presentation was shown during the Annual Gas Turbine Users Conference (SPE) held in Moscow, which brings together industry stakeholders, including Russian companies, service providers, and equipment manufacturers. If the company’s name appears in an official presentation delivered at such an event, it may indicate that Sulzer continues to maintain some form of presence in the Russian market or interacts with its stakeholders.

The Company Statement
October 13, 2023

Exit Russian market. 10.2023: The entry about the founder SULZER AG was removed from the Unified State Register of Legal Entities. GARDINER RESOURCES INVESTMENTS CO. LLC becomes the new founder of the organization.

July 04, 2025Turboservice spoke about the trends in the gas turbine service market at the SPE gas turbine user conference
October 13, 2023LLC "ZULTZER CHEMTECH" - Serpukhov - General Director Ganiev E. V. - Taxpayer Identification Number 5043032704
October 13, 2023"ZULTZER PUMPS RUS" - Moscow - General Director Kikhaev Yu. D. - Taxpayer Identification Number 7704757248
October 13, 2023JSC "ZULZER PUMPS" - St. Petersburg - General Director Zvyagin A. V. - Taxpayer Identification Number 7809009105
May 24, 2022Sulzer to exit the Russian market
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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