![](https://images.marinelink.com/images/storage/w300h150/1200px-wrtsillogo.svg.png)
Wartsila
Wärtsilä is a Finnish multinational corporation known for providing solutions and services for the marine and energy markets. Here’s an overview of the company:
Background and History:
- Founded: The company traces its roots back to 1834 when it was originally established as a sawmill in Tohmajärvi, Finland.
- Headquarters: Helsinki, Finland.
Business Segments:
Wärtsilä's operations are primarily divided into two main segments:
Marine Solutions:
- Products and Services: This segment provides a range of products including ship engines, propulsion systems, and machinery. They offer integrated solutions for the entire lifecycle of ships, promoting both efficiency and environmental sustainability.
- Customer Base: Commercial shipping, naval fleets, and offshore oil & gas industry.
Energy Solutions:
- Products and Services: Focuses on power plants and energy systems. They provide flexible power generation solutions, from individual engine-driven power plants to utility-scale power generation and storage solutions.
- Technology: Includes gas, liquid fuel, as well as hybrid power plants and renewable energy solutions.
Commitment to Sustainability:
- Environmental Impact: Wärtsilä is committed to promoting environmentally sound practices and technologies. This includes developing energy-efficient and low-emission solutions, such as hybrid and LNG (liquefied natural gas) propulsion systems for marine applications, and renewable energy integration in power plants.
- ESG Initiatives: The company is actively involved in recycling, waste reduction, and other sustainability programs.
Innovations and R&D:
Wärtsilä invests heavily in research and development to stay at the forefront of technological advancements. Areas of focus include digitalization, automation, and smart technologies for optimizing operational efficiency and reducing emissions.
Global Presence:
- Operations: Wärtsilä has a global presence with offices and facilities in over 200 locations in more than 70 countries.
- Employees: The company employs thousands of people worldwide, ensuring local support and after-sales services.
Financials:
As of the latest financial reports, Wärtsilä is a publicly traded company listed on the Nasdaq Helsinki. It has shown resilient financial performance with diversified revenue streams from its marine and energy sectors.
Future Outlook:
- Growth Strategy: Wärtsilä aims to leverage technological innovation and digitalization to expand its market share. The company focuses on partnerships, acquisitions, and expanding its service offerings to drive future growth.
- Market Trends: Increasing regulatory pressures for greener maritime operations and the global push towards renewable energy present significant opportunities for Wärtsilä.
In summary, Wärtsilä is a prominent player in both the marine and energy sectors, recognized for its commitment to innovation and sustainability. Its extensive experience, broad product portfolio, and global footprint position it well to address the evolving needs of these industries.
- Phone: +358 (0)10 709 5599
- Web: www.wartsila.com
Locations
Documents
Wartsila News
Wärtsilä Opens Workshop in Taranto
![New workshop in Taranto, Italy](https://images.marinelink.com/images/maritime/w200h200c/new-workshop-in-taranto-italy-2304.jpg)
Wärtsilä has increased its range of engineering services available in Italy with the opening of a new workshop in Taranto, a commercial and military hub in the Puglia region of Southern Italy. Relocation to the new, larger facility provides a more suitable base from which to develop its offering in the region. The new workshop is equipped to perform overhauling services for diesel and gas engines. It is implemented in full compliance with the latest Wärtsilä workshops standards.
New Wärtsilä Office in South Korea
![](https://images.marinelink.com/images/maritime/w200h200c/-2114.jpg)
Wärtsilä's added to its presence in South Korea with the inauguration of its new service center and office in Eomgung, Busan, on Dec. By opening these premises, Wärtsilä will be able to centralize its business units in Korea, as Services, Ship Power, Power Plants and Industrial Operations, together with finance and administration, will eventually relocate to the new office. The new facility, located close to the new port in Busan…
Wärtsilä Acquires Vik-Sandvik
![](https://images.marinelink.com/images/maritime/w200h200c/-1999.jpg)
Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide. The value of the acquisition is $169.9m, with an additional maximum sum of $48.9m to be paid based on the performance of the business over the next three years. In 2007, Vik-Sandvik’s turnover was $70.8 millions and the profitability is on a very good level. The number of employees is 410.
Wärtsilä Powers 5 Aker Yards Vessels
![3D drawing of the LNG-fuelled Platform Supply Vessel being built at the Aker Yards' facility at Søviknes, Norway](https://images.marinelink.com/images/maritime/w200h200c/3d-drawing-of-the-lngfuelled-1971.jpg)
Wärtsilä has signed major contracts with Aker Yards AS Søviknes and Aker Yards AS Trading - the recently established project development arms of the Aker Yards Group - for the supply of propulsion equipment for five offshore vessel projects being built in Norway, India and Brazil. The orders cover the supply of a total of 15 Wärtsilä engines, as well as power generation, automation, and other ancillary equipment.
Wärtsilä Powers Largest Dry Bulk Carriers
The RT-flex common-rail technology brings benefits to ship owners in terms of great flexibility in engine setting for lower fuel consumption, lower minimum running speeds…
Zhu Named President Wärtsilä China
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John Zhu has been appointed President of Wärtsilä China, Ltd. as of January 1, 2009. Zhu’s most recent appointment was as Country Manager for Eaton Truck & Bus Components in , a position he has held since 2005. Eaton Corporation is a diversified industrial manufacturer headquartered in the . Zhu has also held other managerial positions in the automotive industry and in the consultancy business, both in and in the . Mr.
Wärtsilä Low Loss Concept Installed in PV
The Low Loss Concept was developed by Wärtsilä to save both fuel and installation costs, as well as reducing emissions and the amount of space required for component installation.
Wärtsilä Propulsion Packages for Wilson Vessels
This order follows a supply agreement from last year with for the provision of complete propulsion systems for a series of eight 8000-dwt bulk carriers currently…
MHI and Wärtsilä to Jointly Develop Small-Size Engines
![Wärtsilä program of low-speed marine engines, all available in fully electronically-controlled common-rail RT-flex versions, highlighting the new 350 and 400 mm-bore engines.](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-program-of-lowspeed-marine-1847.jpg)
Mitsubishi Heavy Industries, Ltd. (MHI) and Wärtsilä Corporation of will jointly develop new small, low-speed marine diesel engines with cylinder bores of 350 and 400 millimeters (mm). The two companies agreed on joint design and development of engines of less than 450 mm cylinder bore in May 2008, based on a previously signed strategic alliance agreement. The new engines, to have a power range of 3…
Wärtsilä Acquires Vik-Sandvik
Wärtsilä has acquired the global ship design group Vik-Sandvik, an independent group providing design and engineering services to ship owners and the ship building industry worldwide.
Wärtsilä Sells first Nitrogen Oxides Reducers
![The SCR product for Wärtsilä medium-speed engines is named Nitrogen Oxide Reducer (NOR). In the installation shown, the core of the installation is the reactor on the exhaust uptake. It is accompanied by separate pumping and dosing units to deliver the urea solution to the reactor, and a dedicated control cabinet.](https://images.marinelink.com/images/maritime/w200h200c/the-scr-product-for-wrtsil-1730.jpg)
The Wärtsilä NOR units are selective catalytic reduction (SCR) converters that will meet the stringent requirements of IMO Tier III emissions control regulations with regard to NOX reduction. Wärtsilä has received an order from Edda Accomodation, which is part of the Østensjø Group in Norway, to supply six Wärtsilä Nitrogen Oxides Reducer (NOR) units for an accommodation vessel. They will be installed on the six nine-cylinder Wärtsilä 26 generating sets…
Wärtsilä Books Orders for 820 mm-Bore Low-Speed Engines
The new 820 mm-bore low-speed marine engines developed by Wärtsilä Corporation are proving to be successful in the market. With the second engine passing its factory acceptance test…
Wärtsilä Expands Boiler Services
Wärtsilä continues to expand its boiler services with the acquisition of the boiler services business of International Combustion Engineering's (I.C.E.) former subsidiary in .
Wärtsilä Completes Senitec Acquisition
![Wärtsilä Senitec oily water separator M1000.](https://images.marinelink.com/images/maritime/w200h200c/wrtsil-senitec-oily-water-separator-1702.jpg)
Senitec, the Swedish oil and water treatment solutions supplier, has now been fully integrated into Wärtsilä Corporation, marking the final stage of the company's acquisition process.Wärtsilä acquired Senitec in February 2007 and the company has operated as a separate legal entity under the name Wärtsilä As of June 1, Wärtsilä Senitec has merged with Wärtsilä and now forms part of Wärtsilä Sweden AB.
Wärtsilä Inaugurates Research Engine in Switzerland
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Wärtsilä Corporation inaugurated its new RTX-4 full-scale, low-speed research engine in its Diesel Technology Centre in . This large, RTX-4 research engine is employed in furthering the development of Wärtsilä low-speed marine engines to meet market needs such as further improved reliability, longer times between overhauls, greater fuel efficiency and lower exhaust gas emissions, especially NOX and CO2.
Wärtsilä to Centralize Warehousing and Logistics of Spare Parts
Wärtsilä is centralizing the spare parts logistics and by building a new spare parts distribution centre in the . A large and modern central warehouse is planned…
MHI, Wärtsilä Agree on Engine Development
Mitsubishi Heavy Industries, Ltd. (MHI) and Wärtsilä Corporation of Finland have signed a joint development agreement on May 15, 2008 to design and develop new small…
Hitachi Completes Wärtsilä RT-flex CR Engine
Hitachi is the eleventh engine builder in the Wärtsilä family of engine licensees to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines.
Wärtsilä Expands in Norway
Wärtsilä in Norway has experienced strong growth in recent years, particularly in the offshore segment, a target area on which Wärtsilä's Oslo team will be heavily focused.
Wärtsilä and Emerson Announce Expansion
![Jaakko Eskola](https://images.marinelink.com/images/maritime/w200h200c/jaakko-eskola-1634.jpg)
Wärtsilä and Emerson Process Management at the Offshore Technology Conference in Houston announced yesterday an expansion of their global offshore alliance. Under this expansion, they can now deliver integrated energy and automation systems for Floating Production Storage and Offloading vessels and semi submersible oil and gas drilling rigs. The companies' expanded relationship combines the process…