Wartsila Corp - Company Profile
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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. The company 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.
Wartsila Corp premium industry data and analytics
Products and Services
Products | Services |
---|---|
Gas Fuel Power Plants | Field Services |
Liquid Fuel Power Plants | Engine Services |
Multi Fuel Power Plants | Electrical & Automation Services |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In April, the company launched Nacos Platinum Solid State X-Band Radar. |
2024 | Contracts/Agreements | In April, the company’s engines were selected by Texas utility. |
2024 | Contracts/Agreements | In April, the company’s cargo handling and fuel gas supply was selected for three new Very Large Ethane Gas Carriers. |
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 | 108,700 | 76,859 | 29,717 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Tom Johnstone | Chairman | Executive Board | 2020 | 69 |
Mika Vehvilainen | Deputy Chairman | Executive Board | 2023 | 63 |
Hakan Agnevall | Chief Executive Officer; President | Senior Management | 2021 | 58 |
Arjen Berends | Executive Vice President; Chief Financial Officer | Senior Management | 2018 | 56 |
Tuomas Salosaari | Chief Information Officer | Senior Management | 2021 | 48 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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