Last €41.00 EUR
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wartsila oyj abp (WRT1V) Snapshot

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02/17/14 - €43.82
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wartsila oyj abp (WRT1V) Details

Wärtsilä Corporation provides power solutions for the marine and energy markets worldwide. The company’s products include control and monitoring equipment for individual products and integrated solutions for vessels; ballast water management solutions; high pressure air and gas compressors for marine, industrial, and offshore application; and engines, generating sets, and engine auxiliary systems for the marine industry. It also offers exhaust gas cleaning systems; gas handling systems; and LPG systems and tank control systems, as well as process solutions, including specialized LNG projects. In addition, the company provides gears for marine uses; inerting gas solutions; oil separation systems; integrated products for service power generation and diesel-electric propulsion; and propulsor solutions comprising propellers, thrusters, and waterjets. Further, it offers pumps and valves for liquid cargo handling; seals, bearings, and stern tubes; and waste, oil, and fresh water management solutions. Additionally, the company provides basic support services, such as original equipment manufacturer spare parts, tools, consumables, field services, workshop and reconditioning services, and technical services; and installation, commissioning, performance optimization, upgrades, conversions, and environmental solutions. The company offers its products and services to companies operating in merchant, offshore, cruise and ferry, navy, and special vessel segments. It serves utilities, independent power producers, and industrial customers. Wärtsilä Corporation was founded in 1834 and is headquartered in Helsinki, Finland.

17,817 Employees
Last Reported Date: 10/23/14
Founded in 1834

wartsila oyj abp (WRT1V) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €960.0K
Compensation as of Fiscal Year 2013.

wartsila oyj abp (WRT1V) Key Developments

Wartsila to Supply Engines to Power Jiangsu Haihong's Cutter Dredger Vessel

Wartsila has received a contract to supply its engines to power the 5,200kW cutter dredger vessel, which is being built for Jiangsu Haihong Construction Engineering Co. in China. The ship has been designed by the Design & Research Institute of Ship and Ocean Engineering at Shanghai Jiaotong University. The order with Wartsila was placed in December, 2014. The 6,500 CBM vessel will be fitted with four 12-cylinder Wartsila 32 engines, two of which will be used to drive the dredging pump. For this application the 6,000 kW engines will run at 775 rpm instead of the normal 750 rpm. The Wartsila machinery is scheduled to be delivered in August 2015.

Eurocement Group Selects Wartsila Corporation to Supply Power Plants for 11 Cement Factories

Wartsila Corporation has been contracted to supply power plants for 11 cement factories of EUROCEMENT Group in Russia. The project is part of a modernisation program of the factories which focuses on energy efficiency and environmental upgrading. The full equipment delivery order consists of 36 natural gas-fired Wartsila 34SG engines. Size of the industrial power plants varies from 2 to 5 engines, or from 19 to 48 MW. The combined capacity of the power plants will be 314 MW. The plants will produce electricity for the cement factory and work in parallel with the grid. All projects are scheduled to be fast-track-delivered during 2015.

Wartsila Corporation Wins Contracts for Sea Water Desalination Systems for Seven Cruise Ships

The Meyer Werft Germany, Meyer Turku, STX France, and Fincantieri shipyards have all placed orders with Wartsila Corporation for the supply of fresh water generators to a total of seven cruise ships. The orders were placed between September and November 2014. Delivery of the Wartsila systems is scheduled to commence in May 2015 and will be completed by autumn 2017. Wartsila's delivery comprises a total of 10 large MSF distillation systems with unit capacities spanning from 115 tons/day to 900 tons/day, and 4 Single Stage Desalination systems (SSD) with unit capacities of 30 tons/day. The Wartsila Serck Como fresh water generators produce the fresh water needed onboard a cruise ship for deck washing, laundry, cabins, swimming pools, and technical applications that need high quality water.


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