Wartsila Corporation
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 17,800 professionals in more than 280 locations in 79 countries shape the decarbonisation transformation of our industries across the globe. In 2023, Wärtsilä’s net sales totalled EUR 6.0 billion. Wärtsilä is listed on Nasdaq Helsinki.
Company details
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- Business Type:
- Manufacturer
- Industry Type:
- Energy
- Market Focus:
- Globally (various continents)
- Year Founded:
- 1834
- Employees:
- Over 1000
- Turnover:
- more than 1,000,000,000 €
This company also provides solutions for other industrial applications.
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About Us
Wärtsilä Energy helps our customers in decarbonisation by developing market-leading technologies. These cover future-fuel enabled balancing power plants, hybrid solutions, energy storage and optimisation technology, including the GEMS energy management platform.
Wärtsilä Marine's broad portfolio of engines, digital technologies, propulsion systems, hybrid technology, and integrated powertrain systems delivers efficiency, reliability, safety, and environmental performance. Wärtsilä Marine also supports customers with lifecycle services related to exhaust treatment, shaft line, and underwater repair.
In addition, Wärtsilä Portfolio Business consists of business units, which are run independently to accelerate performance improvement and unlock value through divestments or other strategic alternatives.
Wärtsilä's key figures in 2023
- Net sales EUR 6,015 million (5,842)
- Comparable operating result EUR 497 million (325)
- Order intake EUR 7,070 million (6,074)
- Order book at the end of the period EUR 6,694 million (5,906)
- Personnel at the end of the year 2023 17,807 (17,581)
Factsheet
Get a quick overview of Wärtsilä with regards to net sales, operating profit and major shareholders.
Sustainability
Wärtsilä has an important role in meeting the world’s increased demand for energy in a sustainable way. This is the cornerstone of our commitment to sustainability.
Our sustainability approach is based on economic, environmental and social performance. We strive to improve our procedures and performance across a wide front. Our overriding focus is on ensuring profitability, providing environmentally sound products and services and ensuring responsible business conduct.
Code of conduct and ethical stance
Wärtsilä is committed to carrying out its business in a sustainable way. In order to promote the long-term interests of Wärtsilä and its stakeholders, the company strives to maintain the highest legal and ethical standards in all its business practices.