Last €36.22 EUR
Change Today +0.49 / 1.37%
Volume 690.9K
As of 11:29 AM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

wartsila oyj abp (WRT1V) Snapshot

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wartsila oyj abp (WRT1V) Details

Wärtsilä Corporation provides power solutions for the marine and energy markets worldwide. The company’s products include control and monitoring equipment for individual products and integrated solutions for vessels; ballast water management solutions; high pressure air and gas compressors for marine, industrial, and offshore application; and engines, generating sets, and engine auxiliary systems for the marine industry. It also offers exhaust gas cleaning systems; gas handling systems; and LPG systems and tank control systems, as well as process solutions, including specialized LNG projects. In addition, the company provides gears for marine uses; inerting gas solutions; oil separation systems; integrated products for service power generation and diesel-electric propulsion; and propulsor solutions comprising propellers, thrusters, and waterjets. Further, it offers pumps and valves for liquid cargo handling; seals, bearings, and stern tubes; and waste, oil, and fresh water management solutions. Additionally, the company provides basic support services, such as original equipment manufacturer spare parts, tools, consumables, field services, workshop and reconditioning services, and technical services; and installation, commissioning, performance optimization, upgrades, conversions, and environmental solutions. The company offers its products and services to companies operating in merchant, offshore, cruise and ferry, navy, and special vessel segments. It serves utilities, independent power producers, and industrial customers. Wärtsilä Corporation was founded in 1834 and is headquartered in Helsinki, Finland.

17,817 Employees
Last Reported Date: 10/23/14
Founded in 1834

wartsila oyj abp (WRT1V) Top Compensated Officers

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

wartsila oyj abp (WRT1V) Key Developments

Wärtsilä Oyj Abp, L-3 Marine Systems International - M&A Call

Wärtsilä Oyj Abp, L-3 Marine Systems International - M&A Call

Wartsila Corporation Supplies 120 MW Smart Power Generation Power Plant for Musandam Power Company in Northern Oman

Wartsila Corporation has been awarded to supply a 120 MW Smart Power Generation power plant for Musandam Power Company in Northern Oman. The power plant will provide electricity for the Governorate of Musandam. The plant, delivered on a turn-key basis, is scheduled to be fully operational in late 2016. The contract includes a long-term service and maintenance agreement of 15 years. The Smart Power Generation plant will consist of 15 Wartsila 34DF engines. The dual-fuel units use natural gas as the main fuel and light fuel oil as back-up. The power station will meet the dynamic load demand in the rapidly developing Musandam governorate, responding to load variations between 10 and 120 MW. It will operate in high humidity and extreme temperatures of up to 50 degrees. The plant is designed to operate in island mode in the isolated Musandam grid. This means reliability is imperative.

Wartsila Corporation Chooses for New Series of Deep Water Anchor Handling Tug Supply Vessels

A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A. P. Moller-Maersk Group, will feature fully integrated solutions from Wartsila. There is an option for an additional four vessels within this series. The contract with Wartsila was signed in November. The 95 metre long vessels will be utilised in deep water offshore oilfield operations, with reliability, safety, and uptime specified as being priority requirements. Wartsila's responsibility encompasses the complete power generation solution, electrical distribution and drives system, vessel automation system and propulsion system. All these systems will be fully integrated to provide optimal power, efficiency, versatility and redundancy, while having the lowest operating expenditures (OPEX) and a minimal environmental impact. In addition, Wartsila will supply comprehensive project services, including project management, engineering, yard support, and commissioning. The vessels' power generation solution will be based on the latest model of the Wartsila 32 and Wartsila 20 generating set. The Electrical and Automation system is centred around Wartsila's proven and popular LLC (Low Loss Concept) power distribution system for electric and hybrid propulsion applications. The Wartsila LLC enhances energy efficiency and offers excellent redundancy with superb system availability. The Wartsila LLC will enable the vessels to achieve the high possible Environmental Regularity Number (ERN) of


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