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Press Releases
(24/06/2009 , Media Release )
Annual cost reduction of around CHF 110 millions
Market conditions in Sulzer’s key segments have continued to decline over the last months and no quick recovery or improvement is expected. Sulzer is adapting its capacity and cost structure with targeted annual cost savings of approximately CHF 110 million after completion in the first half of 2011. Compared to the global workforce at year end 2008, about 1,400 positions will be affected. The associated non-recurring charges ... Read more
(03/06/2009 , Media Release )
EGM to be held on August 18, 2009
The board of directors of Sulzer has decided to hold an extraordinary general meeting on August 18, 2009 for the election of new board members. The board will propose to elect Jürgen Dormann and Klaus Sturany as new board members. The board plans to elect Jürgen Dormann as chairman after the extraordinary shareholder meeting. The board decision to hold an extraordinary general meeting and to propose the election of two new boa... Read more
(02/06/2009 , Media Release )
Sulzer and Renova are no longer to be considered a group for the purpose of disclosure of shareholdings
The agreement between Sulzer Ltd and Renova Group, signed in October 2007 in order to govern the formal relationship between both parties, ended on May 31, 2009. Therefore, the Renova Group and Sulzer Ltd are no longer to be considered a group for the purpose of disclosure of shareholdings pertaining to Art. 15 SESTO-FINMA.
Read more
(02/06/2009 , Media Release )
Sulzer and Renova are no longer to be considered a group for the purpose of disclosure of shareholdings
The agreement between Sulzer Ltd and Renova Group, signed in October 2007 in order to govern the formal relationship between both parties, ended on May 31, 2009. Therefore, the Renova Group and Sulzer Ltd are no longer to be considered a group for the purpose of disclosure of shareholdings pertaining to Art. 15 SESTO-FINMA. Read more
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