Wärtsilä
From Wikipedia, the free encyclopedia
| Wärtsilä | |
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| Type | Public |
|---|---|
| Founded | 1834 |
| Headquarters | Helsinki, Finland |
| Key people | Antti Lagerroos (Chairman of the board), Ole Johansson (President and CEO) |
| Industry | Manufacturing and service |
| Products | Power plants, ship engines |
| Employees | 12,000 |
| Website | http://www.wartsila.com/ |
Wärtsilä is a Finnish manufacturer of large (diesel) engines and power plants. The core business of Wärtsilä is marine diesel engines. The company's headquarters is located in Helsinki.
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[edit] History
- 1834
- establishment in the municipality of Tohmajärvi.
- 1936
- acquisition of the Onkilahti engineering workshop in Vaasa.
- 1965
- The company is renamed Oy Wärtsilä Ab.
- 1898
- The sawmill and iron works company is renamed Wärtsilä Ab.
- 1938
- Wärtsilä signs a licence agreement and the first diesel engine is built in Turku in 1942.
- 1978
- Acquisition of 51% of the NOHAB diesel business, the remaining shares are acquired in 1984.
- 1988
- A company is set up in India and floated on the Bombay Stock Exchange.
- 1990
- merged into Lohja Corporation, later renamed Metra Corporation.
- 1984
- quoted on the London stock exchange.
- 1989
- Wärtsilä Diesel acquires SACM and Stork Werkspoor B.V. This company is renamed Stork-Wärtsilä Diesel B.V.
- 1991
- Imatra Steel is created when Ovako AB is split up between its owners, Metra and SKF.
- 1995
- Wärtsilä Diesel and Cummins Engine Company Inc. set up a joint venture.
- 1997
- In April, Wärtsilä Diesel absorbed the former Swiss-based Sulzer Brothers Ltd. division called New Sulzer Diesel (NSD) to form Wärtsilä NSD. The reference to the name "Sulzer" is until q1-2006 used in the designation of engines Wärtsilä inherited from the absorption of New Sulzer Diesel. Wärtsilä NSD Corporation is created.
- 1999
- The split of the Cummins-Wärtsilä joint venture.
- 2000
- Wärtsilä NSD and John Crane-Lips sign an alliance. Metra group is renamed as Wärtsilä Corporation.
- 2001
- Wärtsilä sells its holding in Sanitec. Wärtsilä takes ownership of service company Ciserv AB and Sermet Oy.
- 2002
- The Ciserv-group expanded in Singapore, Denmark and Canada. Wärtsilä acquired John Crane-Lips, which operates within Wärtsilä under the name Wärtsilä Propulsion.
- 2004
- Wärtsilä’s Chinese propeller company started production.
- 2006
- The Ciserv-group was integrated into the Wartsila Services organisation. Wärtsilä let go the brand names Ciserv and Sulzer, both will continue as Wärtsilä.
Source : 2005 Corporate presentation
[edit] Range
The range comprises the Wärtsilä-Sulzer RTA96-C turbocharged two-stroke diesel engine which is the most powerful and most efficient prime-mover in the world as of 2005, with cylinder bores of 960 mm (37.8 in) and stroke of 2500 mm (98.4 in), producing up to 80,080 kW (107,400 hp) in the 14-cylinder configuration.
[edit] Key figures for 2005
- Net sales: € 2.638 billion
- Operational EBIT: € 212 million
- Operating result: € 224 million
- Personnel at the end of 2004: 12,475
[edit] See also
[edit] External link
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