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Wärtsilä Oyj Abp (0IKJ.IL)

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19.40+0.02 (+0.13%)
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Wärtsilä Oyj Abp

Hiililaiturinkuja 2
Helsinki 00180
Finland
358 1070 90000
https://www.wartsila.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees17,553

Key executives

NameTitlePayExercisedYear born
Mr. Hakan Agnevall M.B.A., M.Sc.Pres, CEO & Member of Management BoardN/AN/A1966
Mr. Arjen Berends M.B.A.CFO, Exec. VP & Member of the Board of ManagementN/AN/A1968
Mr. Kari Hietanen L.L.M.Exec. VP of Corp. Relations & Legal Affairs, Sec. and Member of Board of ManagementN/AN/A1963
Mr. Roger Holm MSc (Econ.)Pres of Marine Power, Exec. VP & Member of the Board of ManagementN/AN/A1972
Hannu Mäntymaa M.Sc. (Eng.)Pres of Wartsila Voyage, Exec. VP & Member of Board of ManagementN/AN/A1977
Ms. Tamara De GruyterPres of Wartsila Marine Systems, EVP, Head of Portfolio Bus. & Member of Management BoardN/AN/A1972
Ms. Teija Sarajarvi M.A.Exec. VP of HR & Member of Management BoardN/AN/A1969
Mr. Anders LindbergPres of Energy, Exec. VP & Member of Management BoardN/AN/A1965
Ms. Saara Tahvanainen M.Sc. (Soc.)Exec. VP of Marketing & Communications and Member of Board of ManagementN/AN/A1974
Mr. Tuomas SalosaariChief Information OfficerN/AN/A1976
Amounts are as of 31 December 2004, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers marine power products, such as engines, propulsion systems, hybrid technology, and integrated powertrain systems; marine systems comprising products and lifecycle services related to the gas value chain, exhaust treatment, shaft line, underwater repair, and electrical integrations; voyage solutions, including bridge infrastructure solutions, cloud data services, decision support systems, and smart port solutions to enable shore-to-shore visibility, as well as builds end-to-end digital ecosystem for shipping; and decarbonization energy services, future-fuel enabled balancing power plants, hybrid solutions, energy storage solutions, and optimization technology solutions. The company also provides power and propulsion products, such as electrical and power systems, engines and generating sets, propulsors and gears, and shaft line solutions; gas, ballast water management, freshwater generation, waste and wastewater treatment, and exhaust treatment equipment; and voyage and fleet optimization services comprising autonomy, simulation and training, fleet optimization and safety, integrated vessel control systems, port and traffic management, and dynamic positioning services. In addition, it offers spare parts and field services, lifecycle upgrades and solutions, technical support, maintenance and repair services, training services, and cyber services. In addition, the company provides products and solutions for energy storage, and engine and hybrid power plants. It serves merchant vessels, gas carriers, cruise and ferry, navy, and special vessels segments; offshore installations and related industry vessels and land-based gas installations; and ship owners, shipyards, and ship management companies. The company was founded in 1834 and is headquartered in Helsinki, Finland.

Corporate governance

Wärtsilä Oyj Abp’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 5; Board: 6; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.