About Wärtsilä

About Wärtsilä

This is Wärtsilä

Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. 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] »

Our businesses

Wärtsilä consists of three businesses; Marine Solutions, Energy Solutions and Services.
marine_solutions

Wärtsilä Marine Solutions enhances the business of its marine and oil & gas industry customers by providing innovative products and integrated solutions that are safe, environmentally sustainable, efficient, flexible, and economically sound. 

Being a technology leader, and through the experience, know-how and dedication of its personnel, Wärtsilä is able to customise solutions that provide optimal benefits to its customers around the world.

energy_solutions

Wärtsilä Energy Solutions is a leading global energy system integrator offering a broad range of environmentally sound solutions. Our offering includes ultra-flexible internal combustion engine based power plants, utility-scale solar PV power plants, energy storage & integration solutions, as well as LNG terminals and distribution systems. The flexible and efficient Wärtsilä solutions provide customers with superior value and enable a transition to a more sustainable and modern energy system. As of 2017, Wärtsilä has 65 GW of installed power plant capacity in 177 countries around the world.

Services

Wärtsilä Services supports its customers throughout the lifecycle of their installations by optimising efficiency and performance. The company's service network of approximately 11,000 professionals in 160 global locations is unmatched in the industry, delivering services to more than 12,000 customers every year. The portfolio of services - from spare parts to complete operational, maintenance, and optimisation services - is constantly being developed, not only to improve the availability of customers' installations, but to support them in growing their businesses.  

Wärtsilä is committed to providing high quality, expert support, and the availability of services in the most environmentally sound way possible, whenever, wherever.

Net sales per business

Wärtsilä Corporate Presentation Video

Wärtsilä's key figures in 2016

  • Net sales EUR 4,801 million (5,029)
  • Operating result EUR 583 million (612)
  • Order intake EUR 4,927 million (4,932)
  • Order book 31 Dec 2016 EUR 4,696 million (4,882)
  • Personnel 18,011 (18,856)

Wärtsilä Marine Solutions

Key figures in 2016

  • Net sales EUR 1,667 million (1,720)
  • Order intake EUR 1,285 million (1,599)
  • Order book, end of period EUR 2,017 million (2,558)
  • Personnel 6,074 (6,847)

Wärtsilä is the leading provider of ship machinery, propulsion and maneuvering solutions. Wärtsilä supplies engines and generating sets, reduction gears, propulsion equipment, control systems and sealing solutions for all types of vessels and offshore applications. Wärtsilä commands a strong position in all main marine segments as a supplier of highly rated ship machinery and systems.

Wärtsilä Services

Key figures in 2016

  • Net sales EUR 2,190 million (2,184)
  • Order intake EUR 2,194 million (2,324)
  • Order book, end of period EUR 999 million (958)
  • Personnel 10,567 (10,592)

Wärtsilä supports its customers throughout the lifecycle of their installations. Wärtsilä provides service, maintenance and reconditioning solutions both for ship machinery and power plants. In parallel with its main service operations Wärtsilä has launched innovative new services that support its customers’ business operations, such as service for multiple engine brands in key ports, predictive and condition based maintenance, and training.

Wärtsilä Energy Solutions

Key figures in 2016

  • Net sales EUR 943 million (1,126)
  • Order intake EUR 1,448 million (1,009)
  • Order book, end of period EUR 1,680 million (1,366)
  • Personnel 903 (959)

Wärtsilä is a leading supplier of power plants for the decentralised power generation market. Wärtsilä offers power plants for baseload, peaking and industrial self-generation purposes as well as for the oil and gas industry. The strengths of Wärtsilä power plants are their flexible design, high efficiency and low emission levels. In all main segments Wärtsilä holds a strong position.

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.

© 2017 Wärtsilä