Wärtsilä Oyj Abp
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Hakan Agnevall
- Full Time Employees
- 17,879
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Hiililaiturinkuja 2 Helsinki UU Finland 00180
- IPO Date
- Feb 14, 2013
- Website
- wartsila.com
- Similar Companies
- Business
- Wärtsilä Oyj Abp is a global technology company that develops and supplies innovative technologies and lifecycle solutions for the marine and energy markets. The company offers a broad portfolio of products and services including flexible engine power plants, energy storage and hybrid power plants for the energy sector; engines and generating sets, propulsion systems such as waterjets, thrusters and propellers, shaft line solutions, hybrid technology, exhaust treatment equipment including scrubbers and selective catalytic reduction systems, ballast water management, electrical and automation packages, digital voyage optimization tools, simulation and training solutions, and comprehensive lifecycle services encompassing spare parts, maintenance, upgrades and decarbonisation support for the marine sector serving merchant ships, cruise and ferry vessels, offshore, naval, fishing, tugs, yachts and special vessels. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä operates through its core Energy and Marine businesses with presence in approximately 80 countries across Europe, Asia, the Americas, the Middle East, Africa and other regions, employing around 18,300 people and generating net sales of EUR 6.4 billion in 2024. In recent developments, the company completed the divestment of its Marine Electrical Systems business to VINCI Energies in October 2025 to focus on core operations, and announced plans in November 2025 to expand its main spare parts distribution centre in Kampen, the Netherlands, by 40% with a EUR 14 million investment to support global service growth amid its strategy to enhance decarbonisation technologies and lifecycle efficiency.
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