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Wärtsilä

Wärtsilä Oyj Abp (Finnish: [ˈʋærtsilæ]), trading internationally as Wärtsilä Corporation, is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel and biofuel power plants and energy storage systems;[2] and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments.[3] Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets.[4] At the end of December 2022, the company employed 17,500 workers.[5]

Wärtsilä Corporation
Headquarters in Helsinki
Native name
Wärtsilä Oyj Abp
Company typePublic (Julkinen osakeyhtiö)
Nasdaq Helsinki: WRT1V
IndustryManufacturing and service
Founded12 April 1834; 189 years ago (1834-04-12)
HeadquartersHelsinki, Finland
Key people
ProductsPower plants, marine propulsion systems, maintenance services
Revenue €5.842 billion (2022)[1]
−€26 million (2022)[1]
−€32 million (2022)[1]
Total assets €6.606 billion (2022)[1]
Total equity €2.135 billion (2022)[1]
Number of employees
17,500 (2022 average)[1]
Websitewww.wartsila.com

Wärtsilä has two main businesses; Energy Business focusing on the energy market, and Marine Business focusing on the marine market. The Marine Business is mainly present in Europe, China and East Asia, while its key Energy Business markets are South and South East Asia, the Middle East, Africa and Latin America. Wärtsilä has locations in around 80 countries, including the US, Brazil, Finland, Germany, South Africa, Singapore and China, but operates globally.[6]

The company has signalled its intention to transform from an equipment maker to a smart marine and energy company, following acquisitions of companies such as Transas, Greensmith, Guidance Marine, and MSI, and the setting-up of "digital acceleration centres" in Helsinki, Singapore, Central Europe, and North America.

In 2023, Time named Wärtsilä one of the 100 most influential companies in the world.[7]

History edit

Origins edit

Wärtsilä was established when the governor of the county of North Karelia approved the construction of a sawmill in the municipality of Tohmajärvi, Grand Duchy of Finland on 12 April 1834. The sawmill was soon taken over by industrialist Nils Ludvig Arppe, who built ironworks in the premises. In 1898 the company was renamed Wärtsilä Ab.

Diesel engines edit

In 1938 the diesel engine era began when Wärtsilä signed a licence agreement with Friedrich Krupp Germania Werft AG in Germany. The first diesel engine was produced in Turku, Finland in November 1942. During the following decades more focus was put on manufacturing diesel and gas engines with the acquisitions of the Swedish firm NOHAB in 1978, the French Société Alsacienne de Constructions Mécaniques (SACM), and the Dutch Stork-Werkspoor in 1989.

In 1997 Wärtsilä absorbed the diesel motor producing New Sulzer Diesel (NSD), which had been created by Sulzer in 1990.

Hybrid engines edit

In 2020, Wärtsilä made plans to supply hybrid engine solutions[buzzword] for Finnlines.[8]

Expanding portfolio edit

Through acquisitions of marine propulsion systems supplier John Crane-Lips in 2002, marine automation company Total Automation in 2006, specialist equipment company Hamworthy in 2012 and L-3 Marine Systems International in 2014, Wärtsilä expanded their portfolio considerably.

Marine market edit

 
6L20 auxiliary engine in marine service

The company services the merchant, offshore, cruise and ferry, naval, fishing, tugs, yachts and special vessel markets, and the offering includes ship design, main and auxiliary engines, auxiliary power systems, electrical and automation packages, propulsors (such as water jets, thrusters, propellers, and nozzles), seals, bearings, gears, rudders, scrubbers, boilers, and all related services, such as repair, configuration, upgrading, training, maintenance, and environmental services.

Customers comprise both shipyards and ship owners. The environmental products range from reduction of air emissions, such as NOx, SOx, CO, and volatile organic compounds (VOCs), to oily waste water treatment and other water systems such as ballast water management systems.

Wärtsilä Marine was an important Finnish shipbuilder from 1935 until 1989, building cruiseferries, cruise ships and a large share of the icebreakers of the world. The former Wärtsilä Marine Turku Shipyard is now owned by Meyer Werft under its Meyer Turku subsidiary and the Helsinki shipyard is operated by Arctech.

Energy market edit

Wärtsilä is a provider of power plants in distributed and flexible power generation. The product portfolio consists of installations up to 600 MW, running on any gaseous or liquid fuels, such as Heavy fuel oil, natural gas, liquefied natural gas (LNG), different types and qualities of fuel oils, and renewable fuels like biogas and biofuel. In addition for the reliability of traditional base power generation, the engines have the capability to start and stop quickly and they maintain their efficiency in part load, which makes them well suited for peaking power production, smart grids, and emergency power systems. They can also utilize the combined cycle and cogeneration to produce steam or hot water for heating, and trigeneration for chilled water, which can be used for air conditioning.

Wärtsilä also provides products and services for grid stability management, utilization of gas flares, pumping applications (such as pump and compression drives), financial services, and project management services for projects concerning power generation.

In May 2017, Wärtsilä signed an agreement to acquire Greensmith Energy Management Systems Inc.[9]

In March 2018, the company announced that it had delivered the world's largest solar hybrid power plant, situated in Burkina Faso.[10]

Wärtsilä provides about 25 percent of Bangladesh's total grid capacity, with the company's total power supply to Bangladesh rising to more than 4200 MW when a 105MW power plant being built by Baraka Shikalbaha Power Ltd goes fully operational in spring 2019.[11]

Wärtsilä's wide energy products and systems footprint includes the US, Germany, the UK, China, Russia, Singapore, Bangladesh, India, Indonesia, Myanmar, Senegal, the Dominican Republic, Australia, Saudi Arabia, Tanzania, Morocco, Argentina, Sierra Leone, Brazil, Finland, Mauritius, Rwanda, Honduras, El Salvador, Kazakhstan, Mexico, Jordan and Oman.

Services market edit

 
Carnival Dream

The wholly owned service network consist of over 4,500 field services professionals in more than 160 locations in over 70 countries globally, with the installed base of over 180 000 MW. The focus lies on optimising operations and life cycle performance of land based power plants and ship installations.[12]

Wärtsilä provides services, spare parts, maintenance, upgrades, and fuel conversions products for medium and low-speed gas and diesel engines and other related systems, propulsion systems, electrical & automation systems, boilers including environmental solutions regarding particulates and NOx, covering scrubber, selective catalytic reduction (SCRs), oxidation catalysts,[13] ballast water treatment systems and oily-water systems, long-term service agreements, training, condition monitoring, and condition-based maintenance and advisory services.

In January 2017, Wärtsilä and Carnival Corporation announced a 12-year performance-based agreement worth 900 million euros.[14]

Acquisitions in the services business include Eniram in 2016, Trident B.V in 2017, and Lock-N-Stich.

On 1 October 2018, Wärtsilä announced that it would reorganize into two business areas, incorporating the Services business into the existing Marine and Energy businesses.[15]

Market share and competitors edit

At the end of 2021, Wärtsilä's market share in marine medium-speed main engines was 62% and in auxiliary engines 5%. At the end of 2021 Wärtsilä's market share for gas and liquid fuel power plants was 5%.[16]

Wärtsilä's biggest competitors in the marine market are MAN Energy Solutions, Caterpillar Inc. and Kongsberg Gruppen. Key competitors in the energy market include General Electric, Siemens, Mitsubishi Heavy Industries and Ansaldo Energia. When it comes to energy storage systems, Wärtsilä's main competitors include Tesla, Inc and Fluence Energy.

Engines edit

 
Emma Mærsk is powered by a single low-speed Wärtsilä-Sulzer RT-flex96C engine.

Wärtsilä produces a wide range of medium-speed diesel, gas and dual- and multi-fuel engines for marine propulsion, electricity generation on board ships and for land-based power stations.

A joint venture agreement between Wärtsilä and China State Shipbuilding Corporation (CSSC) for the take-over of Wärtsilä's 2-stroke engine business was announced in July 2014 and finalized in January 2015.[17]

The engine models are generally identified by the cylinder bore diameter in centimeters, which as of 2012 range from 20 to 64 centimetres (7.9 to 25.2 inches) for medium-speed and 35 to 96 centimetres (14 to 38 inches) for low-speed engines. The smallest engine series, four-stroke medium-speed Wärtsilä 20, produces a modest 200 kW (270 hp) per cylinder while the largest, two-stroke low-speed Wärtsilä RT-flex96C, has a maximum output of 5,720 kW (7,670 hp) per cylinder. In addition, Wärtsilä also produces the most powerful medium-speed engine series in the world, Wärtsilä 64, with an output of 2,150 kW (2,880 hp) per cylinder. Depending on the engine model, Wärtsilä offers medium-speed engines in both straight and V configurations with the number of cylinders ranging from four (4L20) to twenty (20V46F), and low-speed engines in inline configuration with five (5RT-flex35) to fourteen cylinders (14RT-flex96C). The most powerful low-speed engine ever produced by Wärtsilä, a 14-cylinder version of the RT-flex96C, produces 80,080 kW (107,390 hp) and is used to propel the Mærsk E-class container ships.

In 2015, the Wärtsilä 31 engine achieved a Guinness World Records title for the most efficient 4-stroke diesel engine.[18]

Wärtsilä revealed manipulation of fuel consumption tests after an internal audit in 2016, with a few hundred engines affected.[19][20] According to the company, the customer impact of the deviations was marginal.

Sustainability edit

Wärtsilä published its first environmental report in 2001,[21] and first sustainability report in 2003.[22]

The company signed the United Nations Global Compact initiative in 2009.[23] Common rules and guidance for all employees on Wärtsilä's approach to responsible business practices are defined in the company's code of conduct.[24] Supplier requirements on sustainability, traceability, and business continuity planning are set out in the company's supplier handbook.[25]

Wärtsilä is included in several sustainability indices including the Dow Jones Sustainability Indices, FTSE4Good Index, Ethibel Sustainability Index (ESI) Excellence Europe, ECPI Indices, MSCI Global Sustainability Index Series, STOXX Global ESG Leaders index, and RobecoSAM Sustainability Yearbook.[26]

Key figures edit

Key figures of 2022:[27]

  • Order intake – EUR 6074 million (5735)
  • Order book – EUR 5906 million (5859)
  • Net sales – EUR 5842 million (4778)
  • Operating result – EUR -26 million (314), -0.4% of net sales (6.6%)
  • Earnings per share – EUR -0.11 (0.33)
  • Cash flow from operating activities EUR -62 million (731)

All numbers are shown excluding non-recurring items and selling profits.

See also edit

References edit

  1. ^ a b c d e f "Financial information". Wärtsilä. Retrieved 6 May 2020.
  2. ^ "Power Generation Solutions". wartsila.com. Retrieved 26 September 2018.
  3. ^ "Areas of Expertise - Your shorter route to bigger profits". wartsila.com. Retrieved 26 September 2018.
  4. ^ . wartsila.com. Archived from the original on 26 September 2018. Retrieved 26 September 2018.
  5. ^ "Wärtsilä Corporation's Annual Report 2022" (PDF). 14 February 2023.
  6. ^ "Wärtsilä Corporation's Annual Report 2022" (PDF). 14 February 2023.
  7. ^ Worland, Justin (21 June 2023). "2023 TIME100 Most Influential Companies: Wärtsilä - Storing power". Time. Retrieved 21 June 2023.
  8. ^ "Wärtsilä to supply hybrid solutions for ultra-green Finnlines RO/RO duo". wartsila.com. 5 February 2020. Retrieved 17 February 2020.
  9. ^ "Wärtsilä acquires Greensmith Energy Management Systems Inc. to position itself as a global energy systems integrator". wartsila.com. 15 May 2017. Retrieved 27 September 2018.
  10. ^ "Wärtsilä delivers world's largest solar hybrid power plant, reducing annual CO2 emissions by as much as 18,500 tons". wartsila.com.
  11. ^ "Wärtsilä signs contract for another 105 MW power plant in Bangladesh". wartsila.com.
  12. ^ Wartsila Corporate presentation, 2012. Retrieved 12 March 2013.
  13. ^ Wärtsilä Low NOx Solutions 29 September 2015 at the Wayback Machine Wärtsilä, 2008
  14. ^ "Wärtsilä and Carnival Corporation announce strategic performance-based partnership". wartsila.com. 25 January 2017.
  15. ^ . steelguru.com. Archived from the original on 26 July 2019. Retrieved 26 July 2019.
  16. ^ "Market shares". wartsila.com.
  17. ^ take-over of Wärtsilä's 2-stroke engine business, wartsila.com
  18. ^ most efficient 4-stroke diesel engine, wartsila.com
  19. ^ "Finsk koncern erkänner fusk med båtmotorer".
  20. ^ "Update 1-Finland's Wartsila admits manipulation of ship engine fuel tests". Reuters. 7 March 2017. Retrieved 26 October 2016.
  21. ^ Our Sustainability Reports. Retrieved 27 August 2019.
  22. ^ Nordic companies winners of the EERA awards. Retrieved 14 May 2016.
  23. ^ Wartsila Corporation | UN Global Compact. Retrieved 27 August 2019.
  24. ^ Code of Conduct. Retrieved 27 August 2019.
  25. ^ Supplier Handbook. Retrieved 27 August 2019.
  26. ^ Why invest in Wärtsilä. Retrieved 3 April 2019.
  27. ^ "Financial Statement bulletin January-December 2022". Wärtsilä Corporation. Wärtsilä. Retrieved 25 July 2023.

External links edit

  • Official website  


  Media related to Wärtsilä at Wikimedia Commons

wärtsilä, former, municipality, värtsilä, finland, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, sources, news, newspapers, books, scholar, jstor, january, 2024, le. For the former municipality see Vartsila Finland This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources Wartsila news newspapers books scholar JSTOR January 2024 Learn how and when to remove this template message Wartsila Oyj Abp Finnish ˈʋaertsilae trading internationally as Wartsila Corporation is a Finnish company which manufactures and services power sources and other equipment in the marine and energy markets The core products of Wartsila include technologies for the energy sector including gas multi fuel liquid fuel and biofuel power plants and energy storage systems 2 and technologies for the marine sector including cruise ships ferries fishing vessels merchant ships navy ships special vessels tugs yachts and offshore vessels Ship design capabilities include ferries tugs and vessels for the fishing merchant offshore and special segments 3 Services offerings include online services underwater services turbocharger services and also services for the marine energy and oil and gas markets 4 At the end of December 2022 the company employed 17 500 workers 5 Wartsila CorporationHeadquarters in HelsinkiNative nameWartsila Oyj AbpCompany typePublic Julkinen osakeyhtio Traded asNasdaq Helsinki WRT1VIndustryManufacturing and serviceFounded12 April 1834 189 years ago 1834 04 12 HeadquartersHelsinki FinlandKey peopleTom Johnstone Chairman Hakan Agnevall President and CEO ProductsPower plants marine propulsion systems maintenance servicesRevenue 5 842 billion 2022 1 Operating income 26 million 2022 1 Net income 32 million 2022 1 Total assets 6 606 billion 2022 1 Total equity 2 135 billion 2022 1 Number of employees17 500 2022 average 1 Websitewww wbr wartsila wbr comWartsila has two main businesses Energy Business focusing on the energy market and Marine Business focusing on the marine market The Marine Business is mainly present in Europe China and East Asia while its key Energy Business markets are South and South East Asia the Middle East Africa and Latin America Wartsila has locations in around 80 countries including the US Brazil Finland Germany South Africa Singapore and China but operates globally 6 The company has signalled its intention to transform from an equipment maker to a smart marine and energy company following acquisitions of companies such as Transas Greensmith Guidance Marine and MSI and the setting up of digital acceleration centres in Helsinki Singapore Central Europe and North America In 2023 Time named Wartsila one of the 100 most influential companies in the world 7 Contents 1 History 1 1 Origins 1 2 Diesel engines 1 3 Hybrid engines 1 4 Expanding portfolio 2 Marine market 3 Energy market 4 Services market 5 Market share and competitors 6 Engines 7 Sustainability 8 Key figures 9 See also 10 References 11 External linksHistory editOrigins edit Wartsila was established when the governor of the county of North Karelia approved the construction of a sawmill in the municipality of Tohmajarvi Grand Duchy of Finland on 12 April 1834 The sawmill was soon taken over by industrialist Nils Ludvig Arppe who built ironworks in the premises In 1898 the company was renamed Wartsila Ab Diesel engines edit In 1938 the diesel engine era began when Wartsila signed a licence agreement with Friedrich Krupp Germania Werft AG in Germany The first diesel engine was produced in Turku Finland in November 1942 During the following decades more focus was put on manufacturing diesel and gas engines with the acquisitions of the Swedish firm NOHAB in 1978 the French Societe Alsacienne de Constructions Mecaniques SACM and the Dutch Stork Werkspoor in 1989 In 1997 Wartsila absorbed the diesel motor producing New Sulzer Diesel NSD which had been created by Sulzer in 1990 Hybrid engines edit In 2020 Wartsila made plans to supply hybrid engine solutions buzzword for Finnlines 8 Expanding portfolio edit Through acquisitions of marine propulsion systems supplier John Crane Lips in 2002 marine automation company Total Automation in 2006 specialist equipment company Hamworthy in 2012 and L 3 Marine Systems International in 2014 Wartsila expanded their portfolio considerably Marine market edit nbsp 6L20 auxiliary engine in marine serviceThe company services the merchant offshore cruise and ferry naval fishing tugs yachts and special vessel markets and the offering includes ship design main and auxiliary engines auxiliary power systems electrical and automation packages propulsors such as water jets thrusters propellers and nozzles seals bearings gears rudders scrubbers boilers and all related services such as repair configuration upgrading training maintenance and environmental services Customers comprise both shipyards and ship owners The environmental products range from reduction of air emissions such as NOx SOx CO and volatile organic compounds VOCs to oily waste water treatment and other water systems such as ballast water management systems Wartsila Marine was an important Finnish shipbuilder from 1935 until 1989 building cruiseferries cruise ships and a large share of the icebreakers of the world The former Wartsila Marine Turku Shipyard is now owned by Meyer Werft under its Meyer Turku subsidiary and the Helsinki shipyard is operated by Arctech Energy market editWartsila is a provider of power plants in distributed and flexible power generation The product portfolio consists of installations up to 600 MW running on any gaseous or liquid fuels such as Heavy fuel oil natural gas liquefied natural gas LNG different types and qualities of fuel oils and renewable fuels like biogas and biofuel In addition for the reliability of traditional base power generation the engines have the capability to start and stop quickly and they maintain their efficiency in part load which makes them well suited for peaking power production smart grids and emergency power systems They can also utilize the combined cycle and cogeneration to produce steam or hot water for heating and trigeneration for chilled water which can be used for air conditioning Wartsila also provides products and services for grid stability management utilization of gas flares pumping applications such as pump and compression drives financial services and project management services for projects concerning power generation In May 2017 Wartsila signed an agreement to acquire Greensmith Energy Management Systems Inc 9 In March 2018 the company announced that it had delivered the world s largest solar hybrid power plant situated in Burkina Faso 10 Wartsila provides about 25 percent of Bangladesh s total grid capacity with the company s total power supply to Bangladesh rising to more than 4200 MW when a 105MW power plant being built by Baraka Shikalbaha Power Ltd goes fully operational in spring 2019 11 Wartsila s wide energy products and systems footprint includes the US Germany the UK China Russia Singapore Bangladesh India Indonesia Myanmar Senegal the Dominican Republic Australia Saudi Arabia Tanzania Morocco Argentina Sierra Leone Brazil Finland Mauritius Rwanda Honduras El Salvador Kazakhstan Mexico Jordan and Oman Services market edit nbsp Carnival DreamThe wholly owned service network consist of over 4 500 field services professionals in more than 160 locations in over 70 countries globally with the installed base of over 180 000 MW The focus lies on optimising operations and life cycle performance of land based power plants and ship installations 12 Wartsila provides services spare parts maintenance upgrades and fuel conversions products for medium and low speed gas and diesel engines and other related systems propulsion systems electrical amp automation systems boilers including environmental solutions regarding particulates and NOx covering scrubber selective catalytic reduction SCRs oxidation catalysts 13 ballast water treatment systems and oily water systems long term service agreements training condition monitoring and condition based maintenance and advisory services In January 2017 Wartsila and Carnival Corporation announced a 12 year performance based agreement worth 900 million euros 14 Acquisitions in the services business include Eniram in 2016 Trident B V in 2017 and Lock N Stich On 1 October 2018 Wartsila announced that it would reorganize into two business areas incorporating the Services business into the existing Marine and Energy businesses 15 Market share and competitors editAt the end of 2021 Wartsila s market share in marine medium speed main engines was 62 and in auxiliary engines 5 At the end of 2021 Wartsila s market share for gas and liquid fuel power plants was 5 16 Wartsila s biggest competitors in the marine market are MAN Energy Solutions Caterpillar Inc and Kongsberg Gruppen Key competitors in the energy market include General Electric Siemens Mitsubishi Heavy Industries and Ansaldo Energia When it comes to energy storage systems Wartsila s main competitors include Tesla Inc and Fluence Energy Engines edit nbsp Emma Maersk is powered by a single low speed Wartsila Sulzer RT flex96C engine Wartsila produces a wide range of medium speed diesel gas and dual and multi fuel engines for marine propulsion electricity generation on board ships and for land based power stations A joint venture agreement between Wartsila and China State Shipbuilding Corporation CSSC for the take over of Wartsila s 2 stroke engine business was announced in July 2014 and finalized in January 2015 17 The engine models are generally identified by the cylinder bore diameter in centimeters which as of 2012 update range from 20 to 64 centimetres 7 9 to 25 2 inches for medium speed and 35 to 96 centimetres 14 to 38 inches for low speed engines The smallest engine series four stroke medium speed Wartsila 20 produces a modest 200 kW 270 hp per cylinder while the largest two stroke low speed Wartsila RT flex96C has a maximum output of 5 720 kW 7 670 hp per cylinder In addition Wartsila also produces the most powerful medium speed engine series in the world Wartsila 64 with an output of 2 150 kW 2 880 hp per cylinder Depending on the engine model Wartsila offers medium speed engines in both straight and V configurations with the number of cylinders ranging from four 4L20 to twenty 20V46F and low speed engines in inline configuration with five 5RT flex35 to fourteen cylinders 14RT flex96C The most powerful low speed engine ever produced by Wartsila a 14 cylinder version of the RT flex96C produces 80 080 kW 107 390 hp and is used to propel the Maersk E class container ships In 2015 the Wartsila 31 engine achieved a Guinness World Records title for the most efficient 4 stroke diesel engine 18 Wartsila revealed manipulation of fuel consumption tests after an internal audit in 2016 with a few hundred engines affected 19 20 According to the company the customer impact of the deviations was marginal Sustainability editWartsila published its first environmental report in 2001 21 and first sustainability report in 2003 22 The company signed the United Nations Global Compact initiative in 2009 23 Common rules and guidance for all employees on Wartsila s approach to responsible business practices are defined in the company s code of conduct 24 Supplier requirements on sustainability traceability and business continuity planning are set out in the company s supplier handbook 25 Wartsila is included in several sustainability indices including the Dow Jones Sustainability Indices FTSE4Good Index Ethibel Sustainability Index ESI Excellence Europe ECPI Indices MSCI Global Sustainability Index Series STOXX Global ESG Leaders index and RobecoSAM Sustainability Yearbook 26 Key figures editKey figures of 2022 27 Order intake EUR 6074 million 5735 Order book EUR 5906 million 5859 Net sales EUR 5842 million 4778 Operating result EUR 26 million 314 0 4 of net sales 6 6 Earnings per share EUR 0 11 0 33 Cash flow from operating activities EUR 62 million 731 All numbers are shown excluding non recurring items and selling profits See also edit nbsp Companies portalFinnish maritime clusterReferences edit a b c d e f Financial information Wartsila Retrieved 6 May 2020 Power Generation Solutions wartsila com Retrieved 26 September 2018 Areas of Expertise Your shorter route to bigger profits wartsila com Retrieved 26 September 2018 Areas of Expertise Wartsila Services wartsila com Archived from the original on 26 September 2018 Retrieved 26 September 2018 Wartsila Corporation s Annual Report 2022 PDF 14 February 2023 Wartsila Corporation s Annual Report 2022 PDF 14 February 2023 Worland Justin 21 June 2023 2023 TIME100 Most Influential Companies Wartsila Storing power Time Retrieved 21 June 2023 Wartsila to supply hybrid solutions for ultra green Finnlines RO RO duo wartsila com 5 February 2020 Retrieved 17 February 2020 Wartsila acquires Greensmith Energy Management Systems Inc to position itself as a global energy systems integrator wartsila com 15 May 2017 Retrieved 27 September 2018 Wartsila delivers world s largest solar hybrid power plant reducing annual CO2 emissions by as much as 18 500 tons wartsila com Wartsila signs contract for another 105 MW power plant in Bangladesh wartsila com Wartsila Corporate presentation 2012 Retrieved 12 March 2013 Wartsila Low NOx Solutions Archived 29 September 2015 at the Wayback Machine Wartsila 2008 Wartsila and Carnival Corporation announce strategic performance based partnership wartsila com 25 January 2017 Wartsila redesigns organisation to enhance customer value steelguru com Archived from the original on 26 July 2019 Retrieved 26 July 2019 Market shares wartsila com take over of Wartsila s 2 stroke engine business wartsila com most efficient 4 stroke diesel engine wartsila com Finsk koncern erkanner fusk med batmotorer Update 1 Finland s Wartsila admits manipulation of ship engine fuel tests Reuters 7 March 2017 Retrieved 26 October 2016 Our Sustainability Reports Retrieved 27 August 2019 Nordic companies winners of the EERA awards Retrieved 14 May 2016 Wartsila Corporation UN Global Compact Retrieved 27 August 2019 Code of Conduct Retrieved 27 August 2019 Supplier Handbook Retrieved 27 August 2019 Why invest in Wartsila Retrieved 3 April 2019 Financial Statement bulletin January December 2022 Wartsila Corporation Wartsila Retrieved 25 July 2023 External links editOfficial website nbsp nbsp Media related to Wartsila at Wikimedia Commons Retrieved from https en wikipedia org w index php title Wartsila amp oldid 1202669515, wikipedia, wiki, book, books, library,

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