Wärtsilä to donate EUR 1.5 million to universities

Wärtsilä Corporation, Press release 11 May 2010 at 08:30 UTC+2

Wärtsilä has decided to donate a total of EUR 1.5 million to support science, research and teaching in Finnish universities. The support will be distributed as follows: EUR 1 million to Aalto University, EUR 300,000 to Hanken School of Economics and EUR 200,000 to Åbo Akademi University.

“Universities are important partners to Wärtsilä in research and product development. With this donation we want to support the continued success and high quality of Finnish higher education also in the future. At the same time, it is an investment in terms of our recruitment,” says Ole Johansson, CEO.

Further information:

Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä Corporation
Tel. +358 (0) 40 5476390

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2009, Wärtsilä’s net sales totalled EUR 5.3 billion with more than 18,000 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.