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2015-03-25

Wärtsilä Oyj Abp: Wärtsilä inaugurates new manufacturing plant in Porto do Açu, Brazil

Wärtsilä Corporation, Press release, 25 March 2015 at 3.30 pm EET

Following an investment of 20 million euros, the new unit will produce and
test motor generators and thrusters

Wärtsilä's first unit at Porto do Açu in São João da Barra (RJ), Brazil, is
today being inaugurated. This will be the first assembly plant and production
unit for generator sets and azimuth thrusters in Brazil for Wärtsilä, the
global leader in providing power generation solutions and services for ships
and power plants. Covering 4000 square meters of floor space, the unit will
be able to receive up to 200 tons of equipment. This is Wärtsilä's first ever
multi-product factory that has been built from scratch.

The new unit represents an investment of 20 million euros of equity capital
from Wärtsilä Brazil. "The investment in the plant strengthens our presence
in Brazil to meet the growing demand for Wärtsilä's products and services, in
addition to meeting the requirements of local content, especially in the
offshore industry," says Robson Campos, President of Wärtsilä in Brazil.

In its initial phase, the activities of the multi-product factory will focus
on midsize generators and azimuth thrusters, with the possibility of
expanding the product portfolio according to market needs. The unit has
already received six engines from Finland to set up motor generators, six
propellers from Wärtsilä in Spain, and hundreds of parts fabricated and
machined in Brazil for the production of the first thrusters produced by the
company in the country.

For Luiz Barcellos, Director of the Ship Power Division, the new unit is of
strategic importance to the company in Brazil. "Our objective is to create a
frame of reference for Wärtsilä in the country and to occupy a leading market
position within the industry in which we operate," he says.

The factory will employ approximately 50 employees, including professionals
from Brazil, Italy, India, Finland and the Netherlands. They will be
responsible for the different stages of the production process and testing
for the two product lines: motor generators and thrusters.

Wärtsilä arrived in Brazil in 1990, where it employs over 700 staff. In
addition to its office headquarters in Rio de Janeiro, Wärtsilä has service
centers in Niterói (RJ), Manaus (AM) and Pernambuco (PE), besides being
present in six other states. The company has designed and built 30 plants in
the country and exceeded the 2.6-GW mark in installed capacity. In the naval
market in Brazil, the company has increased installed capacity to over 1000
MW in more than 200 ships and boats.

Link to image

Caption: Wärtsilä's new manufacturing plant in Porto do Açu, Brazil

Media contacts:

Mr Robson Campos
Director, Delivery Centre Açu
Wärtsilä Brasil Ltda
Tel: +55 21 2206 2500
robson.campos@wartsila.com

Ms Marit Holmlund-Sund
Senior Manager Marketing, Communications, Ship Power
Wärtsilä Corporation
Tel: +358 10 709 1439
marit.holmlund-sund@wartsila.com

Wärtsilä in brief:

Wärtsilä is a global leader in complete lifecycle power solutions for the
marine and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximizes the environmental and economic performance of
the vessels and power plants of its customers.
In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately
17,700 employees. The company has operations in more than 200 locations in
nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX
Helsinki, Finland.
www.wartsila.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire

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