Last €37.27 EUR
Change Today -0.45 / -1.19%
Volume 0.0
MTA On Other Exchanges
Symbol
Exchange
Helsinki
Stuttgart
OTC US
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As of 8:14 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

wartsila oyj abp (MTA) Snapshot

Open
€37.54
Previous Close
€37.72
Day High
€37.67
Day Low
€37.24
52 Week High
03/7/14 - €44.47
52 Week Low
10/18/13 - €30.72
Market Cap
7.4B
Average Volume 10 Days
42.0
EPS TTM
--
Shares Outstanding
197.2M
EX-Date
03/7/14
P/E TM
--
Dividend
€1.05
Dividend Yield
2.82%
Current Stock Chart for WARTSILA OYJ ABP (MTA)

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wartsila oyj abp (MTA) Details

Wärtsilä Oyj Abp provides power solutions for the marine and energy markets worldwide. Its marine products and services include emissions reduction systems, water to waste management systems; control and monitoring equipment for both individual products and integrated solutions for vessels; integrated products for service power generation and diesel-electric propulsion; propulsion engines and generating sets; gears; propulsor solutions comprising propellers, thrusters, and waterjets; seals, bearings, and stern tubes; gas handling systems and process solutions; pumps and valves; compressors; and inerting gas solutions, as well as engineering and ship design services. The company also provides gas, liquid fuel, and Flexicycle power plants, as well as multi-fuel power plants used by the oil and gas industry; and power solutions for every phase of oil and gas exploration, production, transportation, and refining activities. In addition, it offers a range of boiler services, including inspection services, condition based services, and spare parts for various types of boiler plants, as well as for economizers and their control systems. Further, the company provides basic support services, such as original equipment manufacturer spare parts, tools, consumables, field services, workshop and reconditioning services, and technical services; installation, commissioning, performance optimization, upgrades, conversions, and environmental solutions; and service projects and agreements focusing on overall equipment performance and asset management, as well as e-solutions, including spares, bulletins, and Eldoc online. Wärtsilä Corporation delivers its services through service stations, workshops, and ship repair centers. The company offers its products and services to companies operating in merchant, offshore, cruise and ferry, navy, and special vessel segments. Wärtsilä Oyj Abp was founded in 1834 and is headquartered in Helsinki, Finland.

18,213 Employees
Last Reported Date: 07/18/14
Founded in 1834

wartsila oyj abp (MTA) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €960.0K
Compensation as of Fiscal Year 2013.

wartsila oyj abp (MTA) Key Developments

Wartsila Receives Design Contract for Arctic Operations

Wartsila was awarded design contract for arctic operations. A second confirmed design contract for Wartsila's new series of arctic platform supply vessels has been signed. This latest order is for a multi-purpose platform supply vessel (MPSV) being built by Tersan Shipyard in Turkey on behalf of Tidewater Inc. The vessel will be operated by the Norwegian Troms Offshore Supply Group. There is an option for further three similar vessels. A key element in the award of this contract was Tidewater's requirement for a compact design yet with a high deadweight giving maximum cargo capacity. The vessel is designed to fit three Wartsila 8-cylinder in-line Wartsila 26 main engines, propulsion systems, a ballast water management system, and inert gas generators. The vessel is scheduled for delivery in 2016. The Wartsila design means that the ship will be strengthened and equipped for arctic conditions, with the hull and propulsion in compliance with DNV ice class ICE 1A. Furthermore, the vessel will be readied for cold climate conditions according to the DNV DEICE class. This notation includes requirements for maintaining safety and vessel operability in ice, under icing conditions, and at low temperatures. The vessel is also prepared for advanced subsea operations with an active heave compensated construction crane with 150t capacity which can be quickly and easily fitted when required. For the same reason the vessel is prepared for helicopter deck which would usually be needed during extensive subsea construction activities.

Wartsila Corporation Wins Ship Design Contract

Wartsila Corporation has been selected as the partner for designing a new ferry as part of the 'Midway Alignment of the Bothnian Corridor' project. The scope of the design work will be both initial and basic design. The ferry is designed for sailing between Vaasa in Finland and Umea in Sweden across the Gulf of Bothnia in the Baltic Sea. The contract was signed on August 4. The new vessel is required to be innovative, efficient and environmentally sound. The design will also take into account the need for operational flexibility since the transport demands on this route vary from season to season. The demand for cargo transports is quite stable in the course of the year while passenger traffic peaks during the summer therefore flexibility will be important in the concept. Therefore, during peak periods the ferry will run to a tighter schedule than is required at other times when the speed can be reduced in order to save fuel costs. Ice conditions during winter months can be quite severe and therefore the design work needs also to consider the operations during harsh winters. The ship design phase is scheduled to be finalized by the end of the second quarter in 2015.

Wärtsilä Wins Ship Design Contract for Environmentally Sound Gulf of Bothnia Ferry

Wärtsilä has been selected as the partner for designing a new ferry as part of the ‘Midway Alignment of the Bothnian Corridor’ project. The scope of the design work will be both initial and basic design. The ferry is designed for sailing between Vaasa in Finland and Umeå in Sweden across the Gulf of Bothnia in the Baltic Sea. The contract was signed August 4th. The new vessel is required to be innovative, efficient and environmentally sound. Wärtsilä’s solid track record in innovative solutions and technology together with extensive experience in gas fuelled propulsion were important factors in the award of this contract. The design will also take into account the need for operational flexibility since the transport demands on this route vary from season to season. The demand for cargo transports is quite stable in the course of the year while passenger traffic peaks during the summer therefore flexibility will be important in the concept.

 

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