Wärtsilä Oyj Abp

Wärtsilä Oyj Abp is a Finnish multinational corporation specializing in innovative technologies and complete lifecycle solutions for the marine and energy markets. It manufactures and services power sources, including gas, multi-fuel, liquid fuel, and biofuel power plants, as well as energy storage systems for flexible power generation. In the marine sector, Wärtsilä provides engines, propulsion systems, ship design, electrical and automation packages, and environmental solutions for vessels ranging from cruise ships and ferries to offshore and naval ships. The company operates two primary businesses: Marine, prominent in Europe, China, and East Asia, and Energy, focused on South and Southeast Asia, the Middle East, Africa, and Latin America, with a presence in around 80 countries and over 18,000 employees. Wärtsilä emphasizes decarbonization through hybrid engines, battery storage via its Energy Storage and Optimisation division, and digital services, supporting smart grids, peaking power, and emission reductions like NOx and SOx control. Recognized by Time as one of the world's most influential and sustainable companies, it holds significant market shares, such as 46% in marine medium-speed main engines, and drives the transition to renewable energy and low-carbon marine operations.