About Wärtsilä
About Wärtsilä

This is Wärtsilä

 

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,500 professionals in 200 locations in more than 70 countries shape the decarbonisation transformation of our industries across the globe. In 2020 Wärtsilä’s net sales totalled EUR 4.6 billion. Wärtsilä is listed on Nasdaq Helsinki.

Fast facts

Get a quick overview of Wärtsilä with regards to net sales, operating profit and major shareholders. [PDF link] »

As of the second quarter of 2020, Marine Power, Marine Systems, Voyage, and Energy constitute the reportable segments of the group, while Portfolio Business continues to be reported as other business activities. Find more details about our markets here.

Wärtsilä video

Wärtsilä's key figures in 2020

  • Net sales EUR 4,604 million (5,170)
  • Comparable operating result EUR 275 million (457)
  • Order intake EUR 4,359 million (5,327)
  • Order book at the end of the period EUR 5,057 million (5,878)

Read more in the Financial Statements Bulletin 2020

Personnel

Wärtsilä had 17,792 (18,795) employees at the end of December. On average, the number of personnel totalled 18,307 (19,110) during the period January-December. 

Marine Power employed 8,355 persons, Marine Systems 1,897, Voyage 1,915, Energy 4,888 and Portfolio Business 737 at the end of the year.

Of Wärtsilä’s total number of employees, 21% (20) were located in Finland and 41% (42) elsewhere in Europe. Personnel employed in Asia represented 22% (23) of the total, personnel in the Americas 11% (11), and personnel in other countries 5% (4).

Sustainability

Wärtsilä has an important role in meeting the world’s increased demand for energy in a sustainable way. This is the cornerstone of our commitment to sustainability. Our sustainability approach is based on economic, environmental and social performance. We strive to improve our procedures and performance across a wide front. Our overriding focus is on ensuring profitability, providing environmentally sound products and services and ensuring responsible business conduct. See our sustainability pages for more information.

Code of conduct and ethical stance

Wärtsilä is committed to carrying out its business in a sustainable way. In order to promote the long-term interests of Wärtsilä and its stakeholders, the company strives to maintain the highest legal and ethical standards in all its business practices. See the code of conduct for more information about business and employee ethics.

© 2021 Wärtsilä