Wärtsilä splits marine and energy businesses
Finnish maritime technology group Wärtsilä has decided to reorganise into two business areas, Wärtsilä Marine Business and Wärtsilä Energy Business, covering both new sales and services for the respective markets.
With this change, Wärtsilä aims to deliver increased value to its customers by better serving their needs across the full lifecycle. The new organisational structure will be operational as of January 1, 2019.
Wärtsilä believes that forming two business areas will enable the company to accelerate growth and the implementation of the Smart Marine and Smart Energy strategies.
“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,” said Jaakko Eskola, president & CEO of Wärtsilä.
Roger Holm, currently president of marine solutions, will lead Wärtsilä Marine Business.