Wartsila Creates Marine Business Area

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Smart Technology group Wartsila has created a business area dedicated to the shipping and maritime industries, which it hopes to deliver increased value to customers, according to a statement.

The move is part of a general overhaul of its business operations and will see it reorganised into two new operational areas – Wartsila Marine Business and Wartsila Energy Business, with both areas covering new sales and services for their respective markets.

Wartsila says this new structure will allow it to more effectively respond to customer needs, and allow it work with greater flexibility.

Read more about how smart technology is affecting trade and logistics with a Port Technology technical paper

Wartsila Marine Business will have approximately 13,100 employees and Wartsila Energy Business 5,500. The changes will come into effect on January 1 2019.

Speaking about the reorganisation, Jaakko Eskola, President and CEO of Wartsila, commented: “Developing stronger partnerships with our customers and providing them with greater value is essential for reaching our long-term target of profitable growth.

“I am confident that this change will ensure more rapid development of innovative solutions and services and a superior customer experience; thereby further strengthening our position as a global leader in lifecycle solutions for the marine and energy markets.”

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