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Wartsila Oyj Abp (WRT1V.HE)

WRT1V.HE on Helsinki Stock Exchange

24 Mar 2017
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€0.12 (+0.25%)
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Latest Key Developments (Source: Significant Developments)

Wartsila wins power plant order in Russia
Wednesday, 1 Feb 2017 03:00am EST 

Wartsila Oyj Abp : Says will supply equipment for a 55 MW combined heat and power plant to Solikamsk, Russia, in order to modernize the Solikamsk Thermal Power Station .Says order, valued at over 30 million euros, was booked in December 2016.  Full Article

Wartsila wins power plant order in UK
Tuesday, 31 Jan 2017 03:00am EST 

Wartsila Oyj Abp : Says will supply two 50 MW Smart Power Generation plants to energy and services company Centrica in the UK .Says order is booked in January 2017.  Full Article

Sulzer acquires oil separation technology from Wartsila
Tuesday, 20 Dec 2016 03:29am EST 

Sulzer AG :Acquires oil separation technology from Wartsila Full Article

Finland's Wartsila wins $80 mln power plant order from Argentina
Monday, 21 Nov 2016 03:00am EST 

Wartsila Oyj Abp : Says will supply a 101 MW power plant to Pampa Energía S.A. in Argentina . Says the value of the order is approximately 75 million euros ($80 million) .Project is included in Wartsilä's order book in the fourth quarter of 2016, power plant will be delivered during 2017 and is scheduled to be fully operational in December 2017.  Full Article

Wartsila signs supply contract with Spanish shipyard
Friday, 14 Oct 2016 07:00am EDT 

Wartsila Oyj Abp : Says has signed a contract with Construcciones Navales del Norte SL (Lanaval) shipyard in Sestao, Spain for design and supply of liquefied natural gas power and propulsion installation for a passenger ferry . Says there is an option for an additional vessel . says will provide inclusive support services to the yard including engineering and on-site consulting .says contract was signed in August.  Full Article

Wartsila issues profit warning
Wednesday, 12 Oct 2016 10:15am EDT 

Wartsila Oyj Abp : Wärtsilä estimates net sales and profitability for 2016 to be lower than previously expected . Wartsila oyj abp says wärtsilä now expects its net sales to decline by around 5% and its profitability (comparable operating result as a percent of net sales) to be around 12%. . Wartsila oyj abp says based on delivery schedules, sales and profitability is expected to be concentrated towards q4. . Wartsila oyj abp says revises its sales and profitability guidance for 2016, due to lower than anticipated power plant deliveries in current year .Previously Wärtsilä expected its net sales to grow by 0-5% and its profitability to be 12.5-13.0%..  Full Article

Wartsila wins ferry engine order
Wednesday, 28 Sep 2016 03:00am EDT 

Wartsila Oyj Abp :Says new car and passenger ferry being built for Danish operator Mols-Linien A/S , will be powered by two 8-cylinder Wärtsilä 31 engines.  Full Article

Finland's Wartsila to divest drives products business
Friday, 23 Sep 2016 03:07am EDT 

Wartsila Oyj Abp : says has agreed to divest its power drives business, part of its Electrical & Automation business line, to Finland based The Switch, a member of the Japanese Yaskawa Group . no details disclosed on the deal price or the business' financials . assets include the company's test centre and parts of its manufacturing facilities in Stord, Norway . divestment expected to be completed latest in November . says move will enable Norway E&A activities to be focused on offering system level solutions Further company coverage: [WRT1V.HE] (Helsinki Newsroom) ((news@reuters.fi; +358 9 6805 0244)).  Full Article

Wartsila wins equipment order for four cruise ships
Thursday, 22 Sep 2016 03:30am EDT 

Wartsila Oyj Abp : Says has been awarded the contract to supply a broad range of integrated automation, navigation and dynamic positioning equipment, as well as the complete uninterruptable power systems (UPS) for four new cruise ships . Says vessels are being built at the Meyer Werft shipyard in Papenburg, Germany, while the other two vessels are to be built at Meyer Turku in Finland .Says contract with was signed in the second quarter of 2016.  Full Article

Wartsila to supply ballast water systems for three Maersk tankers
Wednesday, 31 Aug 2016 03:07am EDT 

Wartsila Oyj Abp : says Maersk Tankers A/S of Denmark has selected Wartsila's Electro Chlorination (EC) Ballast Water Management System (BWMS) for three new 50,000 DWT medium range (MR) tankers being built at the Samsung Heavy Industries (Ningbo) yard in China. .Says order was signed in Q2 of 2016.  Full Article

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