Public sector

Wärtsilä pays various social dues and taxes to the governments of different countries. The social costs for employees contribute to the funding of pensions, unemployment and other social benefits that provide security and improve the quality of life for the company’s employees and their families.

Wärtsilä companies also receive subsidies from the public sector. These are mainly related to R&D projects, such as the major HERCULES cooperative research project.

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Taxes

Wärtsilä works actively with responsible tax. The table below shows the taxes and social dues paid during the past five years.

Public sector 2016 2015 2014 2013 2012
Taxes and social dues (MEUR) 343 349 313 314 317
Taxes and social costs by market area (MEUR)
Europe 246 246 220 232 234
Asia 45 50 42 34 39
Americas 47 44 37 39 36
Africa 5 6 12 8 6
Other 0 2 2 2 2
Subsidies received (TEUR) 8 343 9 669 11 486 6 331 5 543

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