Wärtsilä enhances customer value

(Posted on 04/10/18)

The technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets. With this change, Wärtsilä aims to deliver increased value to its customers by better serving their needs across the full lifecycle. The new organisational structure will be operational as of 1 January 2019.

Forming two business areas will enable Wärtsilä to accelerate growth and the implementation of the Smart Marine and Smart Energy strategies. Integrating the newbuild and service activities enhances customer value by strengthening the focus on complete lifecycle solutions tailored to specific market needs. It also allows Wärtsilä to more effectively serve its customers with increased flexibility and faster response times.

“Developing stronger partnerships with our customers and providing them with greater value is essential for reaching our long-term target of profitable growth. I am confident that this change will ensure more rapid development of innovative solutions and services and a superior customer experience; thereby further strengthening our position as a global leader in lifecycle solutions for the marine and energy markets,” comments Jaakko Eskola, President & CEO.

Roger Holm, currently President of Marine Solutions, will lead Wärtsilä Marine Business and Wärtsilä Energy Business will be headed by President of Energy Solutions Marco Wirén. Pierpaolo Barbone, President of Services, EVP and Deputy to the CEO, will pursue opportunities outside Wärtsilä at the end of the year. 

Wärtsilä Marine Business will have approximately 13,100 employees and Wärtsilä Energy Business 5,500 employees. Restated net sales for the 12 months ended 30 June 2018 amounted to EUR 2.7 billion in Wärtsilä Marine Business and EUR 2.2 billion in Wärtsilä Energy Business. Wärtsilä will report according to the new organisational structure as of the first quarter of 2019. Adjusted comparison figures will be provided prior to the publication of the interim report for January-March 2019.

Latest News

Smart Ship Hub expects breakthrough year for digitalisation in 2026

Leading vessel performance platform Smart Ship Hub says the industry should expect a breakthrough year... Read more

Accelerating zero-carbon shipping in the Nordics

The Nordic countries are taking an important step towards decarbonising maritime transport with the... Read more

Steelpaint appoints ADD Marine to drive growth in Greece and Cyprus

Germany’s Steelpaint has appointed ADD Marine as its representative for Greece and Cyprus, strengthening... Read more

Rio Tinto’s first Pilbara-made rail car built by Gemco in Karratha

Rio Tinto’s first Pilbara-made iron ore rail car has rolled off the production line in Karratha... Read more

Electric Liebherr portal crane strengthens Baria Serece, Vietnam

Precision meets progress at Phu My Port, Vietnam. The LPS 550 has been deployed to handle bulk commodities... Read more

bound4blue targets Asian growth with new production capabilities

bound4blue, a global leader in wind propulsion systems, has expanded its industrial footprint in Asia... Read more

DNV: Methanol as marine fuel at high readiness level

As the industry explores multiple decarbonisation pathways, methanol is gaining attention as a practical... Read more

Repeat Aasen bulk carrier order emphasises Wärtsilä hybrid strength

Technology group Wärtsilä will supply an integrated hybrid propulsion system for a bulk carrier... Read more

Superior bring big iron and bigger ideas

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more

ESL connectivity upgrade enables smarter operations and supports crew wellbeing

ESL Shipping has taken a significant step forward in digitalisation by deploying a new multichannel... Read more