Mission
We provide lifecycle power solutions to enhance the business of our customers, whilst creating better technologies that benefit both the customer and the environment.
Vision
We will be the most valued business partner of all our customers.
Strategy
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. Creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products, solutions and services.
Wärtsilä’s strategic aim is to strengthen its leading position in its markets and to ensure continued growth by offering customers reliability and the best lifecycle efficiency available. This is made possible by an integrated equipment and service portfolio that matches customers’ needs worldwide. The foundation of Wärtsilä’s competitive edge lies in its continuous focus on innovation and R&D and its aim is to be the technology leader in its industries. Wärtsilä’s ability to focus on long-term business drivers, its strong financial base, and agility in adapting to changing market conditions puts the company in a strong position to pursue its strategy.
Ship Power
Wärtsilä Ship Power’s strategy is to be a valued business partner to all our customers throughout the lifetime of their applications. Our goal is to be the biggest solution provider with the broadest product portfolio in the industry. Our extensive product portfolio enables us to combine products into larger systems and solutions, thereby maintaining our unique competitive position. We continuously explore possibilities to extend our product portfolio and the services we offer through organic growth, acquisitions and partnerships. We will continue to strengthen our geographic presence in our key markets, especially in Asia. In the future, integrated services will play an even bigger role in our business.
Power Plants
Wärtsilä Power Plants’ strategic aim is to be the market leader in our target segments: flexible baseload power, industrial self-generation, grid stability & peaking, and power solutions for the oil and gas industry. Our products are based on tried and tested concepts and deliver competitive costs, high efficiency, operational flexibility, low environmental impact, and exceptional, continuously expanding fuel flexibility. In a world where fuel availability and security are major concerns, this opens strong growth opportunities, especially in gas and liquid biofuel applications. Whatever the fuel and wherever the market, Wärtsilä’s solutions maximise the efficiency of the entire power plant. We focus on products and projects that provide unquestionable environmental benefits and make economical sense. We position ourselves as a technology enabler.
Services
Wärtsilä Services’ strategy is to strengthen its leading position in the marine and power plant markets and to broaden its offering in order to support its customers better. We offer our clients 24/7 support in the fields of logistics, technical support and field service. Being the only player in the market able to provide such a wide range of solutions from a single source strengthens noticeably our competitive position. The size and scope of the Services business creates stability in a changing market environment and provides a platform for future growth. While focus on growth will continue, importance is also placed on developing and consolidating acquired companies in order to further optimise customer operations.
Research & Development
Wärtsilä develops, designs, and manufactures competitive engines, propulsors, emission cleaning and automation products, along with systems and solutions based on these. In our research and development activities, the objective is to be a technology leader with specific emphasis on the areas of environmental technology, reliability, efficiency and operational costs. Wärtsilä’s aim is to be proactive in creating innovations. The product portfolio derives from our own key competences in engineering, as well as from long-term co-operation with strategic partners.
Manufacturing
Wärtsilä maintains an effective and flexible manufacturing structure designed to cope with varying market demand by deploying internal and external capacity accordingly. Our manufacturing is process oriented and managed by our Delivery Centre structure that is accountable from order intake, product engineering, operational purchasing and assembly, to dispatch of the products. We work in close collaboration with partners and suppliers to ensure excellent supply chain performance. A top priority in this context is to secure component availability, quality, and delivery accuracy.
Environmental targets
Wärtsilä’s overriding promise is to supply power solutions that offer high efficiency with low environmental load. Our objective is to continuously improve the environmental performance of our products and services, as well as to maintain technological leadership by utilising new technologies and collaborating with our customers and other stakeholder groups. In doing this we help to enable the tightening of global environmental regulations and guidelines.
Social responsibility
Wärtsilä acts as a good corporate citizen wherever we are active. Our business operations and relations with our stakeholders are governed by our Code of Conduct. Wärtsilä is a responsible employer and we seek to offer our employees an interesting and exciting workplace where openness, respect, trust, equal opportunity and scope for personal development prevail. A further aim is to offer a hazard-free working environment to our employees and contractors, and to minimise the health and safety risks associated with the use of our products and services. Supply chain management and development are integral elements of our operations.
Related information
Acquisitions and divestments
