OTCM
WRTBF
Market cap18bUSD
Oct 19, Last price
33.00
Name
Wartsila Oyj Abp
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Profile
Wärtsilä Oyj Abp, a company founded in 1834 and headquartered in Helsinki, Finland, delivers advanced technologies and comprehensive lifecycle services to the global marine and energy sectors. Their marine offerings encompass sophisticated power and propulsion systems, such as engines, hybrid technologies, and fully integrated powertrain solutions. They also supply marine systems addressing the gas value chain, emissions control (exhaust treatment), shaft line management, subsea repair, and electrical integration. Wärtsilä's voyage solutions focus on creating a seamlessly connected digital ecosystem for shipping, enabling shore-to-shore visibility through bridge infrastructure, cloud-based data, decision support, and intelligent port solutions. In the energy sector, their decarbonization services feature power plants capable of operating on future fuels for grid balancing, hybrid energy systems, advanced energy storage, and sophisticated optimization technologies like the GEMS energy management platform. Their extensive product and service catalog covers specific power and propulsion equipment (electrical systems, engines, generators, propulsors, gears, shaft lines), comprehensive environmental treatment solutions (gas, ballast water, freshwater, waste, exhaust), and advanced voyage and fleet optimization tools, including autonomous operations, simulation and training, fleet safety and management, integrated vessel controls, port and traffic management, and dynamic positioning. Beyond initial deployments, the company provides robust aftermarket support, including spare parts, on-site field services, technical assistance, maintenance, repairs, lifecycle upgrades, and specialized training. Additionally, they deliver specialized energy storage and power plant solutions, encompassing both engine and hybrid configurations. Wärtsilä's diverse clientele spans various marine segments, including merchant vessels, gas carriers, cruise and ferry operators, naval forces, and specialized craft, alongside offshore installations and associated industrial vessels. They also cater to land-based gas facilities, ship owners, shipyards, and ship management companies worldwide.
Related entities
Subsidiaries (22)
wa xi lan wei xiu fu wu shang hai you xian gong si
WARTSILA INDIA PRIVATE LIMITED
WARTSILA JAPAN LTD.
WARTSILA NORWAY AS
Wartsila SAM Electronics GmbH
WARTSILA SINGAPORE PTE. LTD.
Wärtsilä Energy Storage Finland Oy
WÄRTSILÄ MOSS AS
WÄRTSILÄ SERVICES SWITZERLAND AG
NORD GAS SOLUTIONS NORWAY AS
SHIPHAM VALVES LIMITED
wa xi lan chuan yong she bei su zhou you xian gong si
WARTSILA FRANCE SAS
WARTSILA ITALIA S.P.A.
Wartsila Management(Shanghai)Co.,Ltd
WARTSILA PUMPS PTE. LTD.
Wartsila SAM Electronics (Taizhou) Co., Ltd.
WARTSILA WATER SYSTEMS LIMITED
Wärtsilä Finland Oy
Wärtsilä Projects Oy
Key people
Chairman of the Board · since 2020
Mika Vehvilaeinen
Independent Deputy Chairman of the Board · since 2023
Kari Hietanen
Executive Vice President - Corporate Relations, Legal Affairs, Public Affairs and Sustainability, Member of the Management Board · since 2024
Anders Lindberg
Executive Vice President, President - Energy, Member of the Management Board · since 2023
Executive Vice President - Human Resources, Member of the Management Board · since 2022
Anu Sirkiae
Executive Vice President - Marketing and Communications, Member of the Management Board · since 2024
Hakan Agnevall
President, Chief Executive Officer, Member of the Management Board · since 2021
Arjen Berends
Chief Financial Officer, Executive Vice President, Member of the Board of Management · since 2018
President - Wartsila Energy Storage, Executive Vice President, Member of the Management Board · since 2026
Roger Holm
President - Wartsila Marine, Executive Vice President, Member of the Management Board · since 2026
Nora Steiner-Forsberg
Executive Vice President - Legal and Compliance, Member of the Management Board · since 2025
Director · since 2017
Independent Director · since 2020
Morten Engelstoft
Independent Director · since 2022
Karin Falk
Independent Director · since 2017
Independent Director · since 2021
Legal address
PL 1834
00080 WÄRTSILÄ
WÄRTSILÄ FI-00080
FI
00080 WÄRTSILÄ
WÄRTSILÄ FI-00080
FI
Headquarters
Hiililaiturinkuja 2
00180 HELSINKI
HELSINKI FI-00180
FI
00180 HELSINKI
HELSINKI FI-00180
FI
Valuation
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