Wartsila Corp - Company Profile

Powered by

All the data and insights you need on Wartsila Corp in one report.

  • Save hours of research time and resources with
    our up-to-date Wartsila Corp Strategy Report

  • Understand Wartsila Corp position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Wartsila Corp (Wartsila) is an engineering company. It offers sophisticated lifecycle solutions and smart technologies for the marine and energy industries. Through its sustainable initiatives, efficiency and data analytics, the company harnesses environmental and economic performance of the vessels and power plants. Wartsila’s offerings include pumps and valves, automation systems, shaft line solutions, low and medium-speed engines, ship design and ballast water treatment systems. It also offers power solutions for all phases of onshore and offshore oil and gas exploration, transportation, and production. The company serves customers in marine and energy sectors in Asia, North America, Europe, and South America. Wartsila is headquartered in Helsinki, Finland.

Gain a 360-degree view of Wartsila Corp and make more informed decisions for your business Gain a 360-degree view of Wartsila Corp and make more informed decisions for your business Find out more
Headquarters Finland

Address Hiililaiturinkuja 2, Helsinki, 00180


Telephone 358 10 7090000

No of Employees 17,807

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange WRT1V (HEL)

Revenue (2023) $6.5B 3% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 495.4% (2023 vs 2022)

Market Cap* $9.1B

Net Profit Margin (2023) XYZ 484.7% (2023 vs 2022)

* As of and is in US$
Gain access to our premium signals and make informed decisions for your business Gain access to our premium signals and make informed decisions for your business Find out more

Wartsila Corp premium industry data and analytics

140+

Construction Projects

Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding  and many others.

40+

Project Contacts

Target project contacts by company, project and location.

9

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Wartsila Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Products Services
Gas Fuel Power Plants Field Services
Liquid Fuel Power Plants Engine Services
Multi Fuel Power Plants Propulsion Services
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand Wartsila Corp portfolio and identify potential areas for collaboration Understand Wartsila Corp portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the company partnered with Elliott Bay Design Group to enhance and develop EBDG's Clean Harbor Alternative Mobile Power Barge design.
2024 New Products/Services In February, Wartsila Gas Solutions launched an Ammonia Fuel Supply System.
2024 Others In February, Wartsila Water & Waste relaunched the STC0-23 sewage treatment plant.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
Image for loader

Competitor Comparison

Key Parameters Wartsila Corp Caterpillar Inc ABB Ltd Mitsubishi Heavy Industries Ltd Andritz AG
Headquarters Finland United States of America Switzerland Japan Austria
City Helsinki Irving Zuerich Chiyoda-Ku Graz
State/Province - Texas - Tokyo Burgenland
No. of Employees 17,807 113,200 107,900 76,859 29,819
Entity Type Public Public Public Public Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Tom Johnstone Chairman Executive Board 2020 67
Mika Vehvilainen Deputy Chairman Executive Board 2023 -
Hakan Agnevall Chief Executive Officer; President Senior Management 2021 56
Arjen Berends Executive Vice President; Chief Financial Officer Senior Management 2018 54
Tuomas Salosaari Chief Information Officer Senior Management 2021 46
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Gain insight into Wartsila Corp key executives to enhance your sales strategy Gain insight into Wartsila Corp key executives to enhance your sales strategy Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward