Wärtsilä

The Wärtsilä Corporation (Finnish: Wärtsilä Oyj Abp ) is a listed company with headquarters in Helsinki, Finland. The company is one of the leading manufacturers of four-stroke marine diesel engines, propellers and power plants; in two-stroke marine diesel engines Wärtsilä has a market share of 20%. Wärtsilä has operations in more than 70 countries.

History

The Wärtsilä Group goes back to a 1834 based sawmill in North Karelia industrial town Värtsilä (now Wjartsilja, Russia). The industrialist Nils Ludvig Arppe took over the sawmill in 1836 and founded an ironworks in 1851. From the estate Arppes went out in 1898, the Group Wärtsilä Ab, which was renamed Oy Wärtsilä Ab 1907. In 1932 came the first bankruptcy in which the workers gave up 25 % of their wages. Just one year later dividends could once again be paid to the shareholders. 1935, the headquarters was moved to Helsinki Värtsilä. Following the signing of a licensing agreement with the Friedrich Krupp Germania Werft AG, the construction of diesel engines began. The first engine was completed in 1942.

1974 began the construction of a new shipyard near Turku; started its operation in 1983. In 1979, the expanding international operations were organized into six divisions: Shipyard, diesel engines, engineering, technical porcelain, metal processing ( locking ) and consumer goods. 1982, a German subsidiary was founded in Hamburg. After the second international IPO in 1984 Wärtsilä was the first Finnish company whose shares were listed on the London Stock Exchange. A specialty of the shipyard was the construction of icebreakers (eg Sampo (ship) or Kontio ) and ferries (eg Ilmatar (1964 ) ).

The crisis in the international shipbuilding mid-1980s led to the collaboration with Valmet. The shipbuilding activities of the two companies were merged with Wärtsilä. The production of paper processing machines went to Valmet. In 1989, Wärtsilä Marine bankrupt. In the same year took over Wärtsilä Diesel the French engine manufacturer SACM and a majority stake in the Dutch engine manufacturer Stork Werkspoor BV; the company was now under the name Stork Wärtsilä Diesel BV performed.

With the merger of Wärtsilä and Lohja 1990, the company was Metra. In the course of extensive reorganization began in 1995, the cooperation between Wärtsilä and the American engine manufacturer Cummins. A year later decided Metra and the Italian shipbuilder Fincantieri, the merger of Wärtsilä Diesel, New Sulzer Diesel and Diesel Ricerche for Wärtsilä NSD Corporation. This Fincantieri received a share of 15 % in the largest division of Metra. Part of the merger was also an interest of 40% Grandi Motori Trieste ( GMT); the remaining 60 % remained to complete the acquisition in 1999 at Fincantieri. The Italian company was sold in 2000, its share of 15.4 % of Wärtsilä NSD to Metra. At an extraordinary meeting of shareholders of Metra on 13 September 2000 it was decided to change its name Metra in Wärtsilä. With the entry into the Finnish Trade Register, the new company took on 22 September 2000 on the work.

In the same year, the Italian branch ( Wärtsilä Italia SpA) was founded in Trieste. By 2007 the production of the engine series ZA40 ( Sulzer ), was 38, 26 ( previously built in Zwolle ), 46, 46F and 50DF ( previously built in Turku ) moved to Trieste.

On 1 April 2005, the German branch took over the activities of Deutz MWM marine service. As Germany GmbH Wärtsilä it performs repair and service activities for German shipping companies.

In 2006, Wärtsilä, the Hamburg company Schiffko, which specializes in planning and design of container, research and polar ships. Currently, a new time-consuming research vessel in progress: for more than 500 million euros the Aurora Borealis in 2014 as an icebreaker, drilling and multi-purpose research vessel will run from the stack.

Operations

The specialty of this company were originally high-speed four -stroke engines up to 16 cylinders and an output of 12,000 kW ( 16,320 hp). Since the acquisition of the activities of the Swiss New Sulzer Diesel Fincantieri, who worked mainly on the two-stroke marine propulsion sector, Wärtsilä competes with the world's leading manufacturer MAN Diesel. By Product takeover of Sulzer (since the beginning of 2006 now under the name Wärtsilä ) leads Wärtsilä also largest and most economical two-stroke internal combustion engines for the tanker and container shipping in the portfolio. The most powerful Wärtsilä two-stroke engine (type 14RT - flex96C ) with 14 cylinders and a piston diameter of 96 cm developed with four ABB turbochargers a capacity of over 80,000 kW ( 108,800 hp). He is the main drive of the container ships of the Emma Mærsk - class. The product range extends from low performance classes with four-stroke engines and engines from about 2000 kW ( 2720 hp) to over 130,000 kW.

In order to meet the trend towards low-speed and energy-efficient vessels (also see Slow steaming and Green shipping ), Wärtsilä has introduced a new range of Generation X engines in 2011. This is characterized by less fuel consumption, higher power density and higher efficiency.

In the field of power plant engineering systems are built to 500 MW that use as fuel (s) diesel, petroleum, natural gas, fuel oil, biodiesel and / or liquefied natural gas (LNG). In 2010, Africa's largest gas-fired power plant in Cameroon was planned. The power plant is to be built on the coast of Cameroon in Kribi, a harbor.

Wärtsilä also offers products and services for grid stability in energy supplies such as pumps and compression drives, as well as financial services and project management services in the field of power generation.

In East Timor Hera Wärtsilä operates since 2012 a power plant with seven heavy fuel oil generators and 120 MW to supply the nearby state capital Dili with electricity.

In July 2013, the Company announced that the fastest ferry in the world ( driven by two axial water jets called Wartsila LJX1720SR ) after testing is now ready for commercial operation.

Business development in 2012

Despite the difficult environment in many export markets Wärtsilä is well positioned. Supported by the growth in Asia and good developments in all business areas in 2012 increased the annual revenue by 12 percent to 4.725 billion euros, with a profitability of 10.9 percent.

• Net sales: € 4.725 billion (2011: 4209 )
• Operating profit: € 515 million (2011: 469 )
• Order intake: € 4.94 billion (2011: 4516 )
• Order book at 31 December 2012: € 4.492.000.000 (2011: 4007 )
• Employees: 18,887 (2011: 17 913 )

Europe's share of sales in 2012 amounted to 25 per cent, Asia 43 percent, that of North and South America 21 percent and 11 percent of other countries.

Gallery

Hamburg branch

Hamburg branch

Branch Winterthur