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
- Håkan Agnevall
- Full Time Employees
- 17,468
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Hiililaiturinkuja 2 Helsinki UU Finland 00180
- IPO Date
- Mar 14, 2012
- Website
- wartsila.com
- Similar Companies
- Business
- Wärtsilä Oyj Abp offers cutting-edge technologies and complete lifecycle solutions for the global marine and energy sectors. The company's comprehensive marine offerings encompass a diverse range of products, including engines that support multiple fuel types, advanced hybrid systems, and integrated propulsion solutions designed for optimal efficiency. Wärtsilä also provides essential marine systems covering the entire gas value chain, sophisticated exhaust gas treatment technologies, shaft line components, and specialized underwater maintenance capabilities. For maritime operations, their voyage solutions feature integrated bridge infrastructure, cloud-based data services, decision support tools, and intelligent port management systems, all working to deliver complete visibility from shore to shore and fostering a connected digital ecosystem for shipping. This includes advanced e-navigation, vessel traffic management, and immersive simulation and training, notably with cutting-edge dual-fuel simulators for future fuels. In the energy domain, Wärtsilä is a leader in accelerating the transition to renewable power, offering future-fuel enabled balancing engine power plants, hybrid installations, and comprehensive energy storage and optimization technology, such as the GEMS Digital Energy Platform. These solutions support flexible power generation for grids and address the growing demand from critical infrastructure like data centers, providing reliable and efficient primary power. The product portfolio extends to electrical and power systems, robust engines and generating sets, precise propulsors and gears, and resilient shaft line solutions. Furthermore, the company delivers critical environmental solutions, including gas, ballast water management, freshwater generation, and advanced waste and wastewater treatment. Digital services for voyage and fleet optimization encompass autonomy support, simulation for training, enhanced fleet safety, integrated vessel control systems, port and traffic management, and dynamic positioning capabilities. Complementing these offerings are extensive lifecycle services, which include providing spare parts, field service expertise, technical assistance, preventative maintenance and repair programs, comprehensive lifecycle upgrades, and specialized training to ensure continuous operational performance. Wärtsilä serves a broad client base, including merchant vessels, gas carriers, cruise and ferry operators, naval ships, various special purpose vessels, offshore platforms, ship owners, shipyards, and vessel management companies. In the energy market, they cater to utilities, independent power producers, and industrial applications requiring flexible power solutions. Established in 1834, Wärtsilä Oyj Abp is headquartered in Helsinki, Finland. The company is committed to achieving carbon neutrality in its own operations and offering a product portfolio ready for zero-carbon fuels by 2030, alongside a new target to reduce direct suppliers' greenhouse gas emissions by 25% by 2030.
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