Sulzer has appointed César Montenegro, currently Head of the Business Area North America of Sulzer Pumps, as new division president of Sulzer Metco and member of the executive committee of Sulzer. César Montenegro has a long and successful track record with Sulzer. He will assume his new role in mid-August 2008.
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Sulzer is reporting a high order intake of CHF 2 265.9 million for the first six months of 2008. This represents an adjusted¹ increase of 14.9% and a nominal growth of 6.2% compared with the first half of the previous year. The order intake increase was driven by Sulzer Pumps, which achieved very strong growth in the first six months of 2008. For the coming months, Sulzer expects continued strong demand in most of i...
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Sulzer Pumps has been awarded a major order for a total of 36 pumps for the Hongyanhe and Ningde nuclear power plants in China.
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Henri Steinmetz, division president of Sulzer Metco and member of the executive committee of Sulzer since 2004, will leave Sulzer in July 2008 in order to pursue other opportunities outside of the company. Sulzer thanks Henri Steinmetz for his contributions to the improved profitability and continued growth of Sulzer Metco over the past years and wishes him the best for the future. His succession will be announced in due time.
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In accordance with the ordinance of the Takeover Chamber of the Swiss Federal Banking Commission (SFBC) dated 29 May 2008, Rz (40) to (50), the Renova Group and Sulzer Ltd are to be considered a group for the purpose of disclosures of shareholdings within the meaning of Art. 15 SESTO-SFBC. Both parties must jointly release disclosures of shareholdings with effect retroactively to the agreement dated October 10, 2007, which gov...
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Sulzer and Bekaert, based in Kortrijk, Belgium, today announced their intention to sign a takeover agreement for Bekaert’s diamond-like carbon (DLC) coating activities. With its leading DLC technology, Bekaert achieved sales of over EUR 15 million (over CHF 24 million) in 2007. The intended acquisition of this business with complementary technologies and geographical presence will expand and strengthen Sulzer Metco’s existing ...
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Sulzer is pleased that the Swiss Federal Banking Commission (EBK) has now confirmed Sulzer’s own view, that the Company has not formed a group with Renova (or its subsidiaries) under Swiss takeover law.
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Sulzer Pumps has received a large order from Alstom Power for pumps to be installed in the new Medupi coal fired power station, being built for Eskom, the South African national generator. The order includes a total of 48 pumps for boiler feed, booster, and condensate extraction duties. In addition to the manufacturing of the pumps, Sulzer’s scope encompasses the full project management of the pump modules, including the relat...
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