Sulzer pockets Sfr15m profit on sanctions relief trade
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Sulzer pockets Sfr15m profit on sanctions relief trade

Viktor Vekselber PA 230x150

Sulzer, the Swiss maker of industrial machinery, has made a Sfr15m ($15.5m) profit on a block of shares it acquired in April from its former majority owner, Renova Group, to escape economic sanctions imposed on Russian companies and individuals by the US Treasury’s OFAC.

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