Our businesses

Wärtsilä Energy leads the transition towards a 100% renewable energy future. We help our partners to accelerate their decarbonisation journeys through our market-leading technologies and power system modelling expertise. These cover decarbonisation services, future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS Digital Energy Platform. Wärtsilä Energy’s lifecycle services are designed to increase efficiency, promote reliability and guarantee operational performance. Our track record comprises 79 GW of power plant capacity and 125 energy storage systems delivered to 180 countries around the world.

Energy's key figures in 2023:

  • Order intake EUR 3,041 million
  • Net sales EUR 2,610 million
  • Comparable operating result EUR 219 million

Wärtsilä Marine is a global pioneer in power, propulsion and lifecycle solutions for the marine market. We develop industry-leading technologies, advancing maritime's transition to new fuels. We support building an end-to-end digital ecosystem where all vessels and ports are connected. Ultimately, Wärtsilä Marine is driving the shipping industry forward on its journey towards a decarbonised and sustainable future through our broad portfolio of engines, propulsion systems, hybrid technology, exhaust treatment, shaft line solutions and digital technologies, as well as integrated powertrain systems. Our offering, which is underpinned by our performance-based agreements, upgrades, lifecycle solutions, decarbonisation services, as well as an unrivalled global network of maritime expertise, delivers the efficiency, reliability, safety, and environmental performance needed to support a safe and sustainable future for our customers, our communities and our planet. 

Marine Power's key figures in 2023:

  • Order intake EUR 2,990 million
  • Net sales EUR 2,540 million 
  • Comparable operating result EUR 258 million

    Wärtsilä Portfolio Business units are run independently to accelerate performance improvement and unlock value through divestments or other strategic alternatives. Currently Portfolio Business includes Automation, Navigation & Control Systems (ANCS), Gas Solutions, Marine Electrical Systems and Water & Waste.

    • Automation, Navigation & Control Systems (ANCS) transforms vessel journeys through the use of innovative hardware and software technologies. Our primary focus is on enhancing safety, improving efficiency, and ensuring compliance. With a strong legacy of pioneering advancements in maritime technology, our comprehensive range of solutions includes user-friendly integrated navigation and automation systems, sensors that enhance safety measures, and Dynamic Positioning (DP) systems.
    • Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain. Our main focus areas are the handling of gas in seaborne transport (storage, fuel, transfer and BOG management), gas to power, liquefaction and biogas solutions. We help our customers on their journey towards a sustainable future through a focus on lifecycle performance, innovation and digitalisation.
    • Marine Electrical Systems is one of the leading system integrators, specialized on navy, complex vessels and large yachts. Our highly specialized and complex electrical systems integration competencies, connecting own equipment and equipment added by the yard into one electrical network, makes us unique on the market and are highly valued amongst our clients.
    • Water & Waste offers the widest portfolio of environmental solutions that meet all existing and anticipated regulations, including regulations for environmentally sensitive areas. We support our customers with a complete lifecycle offering to ensure the highest operational efficiency, compliance and enhanced environmental performance. Wärtsilä Water & Waste has developed a broad range of specialised and proven environmental products, such as Wastewater treatment (conventional biological sewage treatment plants and advanced membrane bioreactors), Ballast water management systems, Fresh Water generation (reverse osmosis plants and evaporators) and Vacuum toilets and vacuum collecting systems.

    Portfolio Business' (ANCS, Marine Electrical Systems and Water & Waste) key figures in 2023:

    • Order intake EUR 386 million
    • Net sales EUR 374 million 
    • Comparable operating result EUR 14 million