Wärtsilä Oyj Abp

Wärtsilä Oyj Abp is engaged in the provision of power solutions for the marine and energy markets. The company handles two business areas: Ship Power and Power Plants. The Ship Power business operates through five segments: Merchant, Offshore, Cruise and Ferry, Special Vessels and Navy. The Power Plant business operates through the following product segments: Flexible Baseload, Grid Stability and Peaking, Industrial Self-Generation and the Oil & Gas Industry. The Flexible Baseload segment optimizes power plants for baseload operations. The Grid Stability and Peaking segment sets power plants for peaking and load following solutions. The Industrial Self-Generation segment also uses power plants for baseload operations and the Oil & Gas Industry segment handles oil and gas operations. The company was founded on April 12, 1834 and is headquartered in Helsinki, Finland.