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Wärtsilä Oyj Abp: Wärtsilä launches innovative approach for hydropower & industrial plant operators

Wärtsilä Corporation, Press release, 5 October 2015 at 10.30 am EET

Wärtsilä Corporation, a global leader in complete lifecycle power solutions
for the marine and energy markets, expands into a new market segment,
offering a comprehensive package of seals, bearings and associated solutions
to hydropower installations and industrial plants worldwide.

Wärtsilä offers a wide portfolio of products and services to power plant
owners and operators. By utilising Wärtsilä's global engineering,
manufacturing and service capabilities, the Hydro&Industrial services
offering targets the specific needs of hydropower, tidal energy and offshore
wind installations as well as mining, paper, oil&gas, water management and
power generation industries.

Wärtsilä's offering consists of seals, bearings and associated equipment for
hydro installations, including hydropower, tidal power and offshore wind.
These are complemented with a wide range of services from repairs and
fabrications to underwater services. Wärtsilä also has a strong portfolio of
products, components and associated services for the industrial sector. The
focus is primarily on the supply of seals and bearings as well as providing
services like retrofits, component reconditioning or refurbishments.

Complete hydropower solutions for the most demanding applications

Wärtsilä provides products engineered to withstand some of the harshest marine
environments. This, together with extensive experience in the power
generation industry, enables Wärtsilä to deliver high quality, reliable
products and services to the market, reducing customers' downtime and
maximizing operational output. Harald Brodmann, Global Segment Manager says,
"Wärtsilä has served hydro and industrial markets for a long time, and we
have gained expertise in these industries. We aim to provide customers with a
complete solution which supports their success, while creating value through
innovation. This really is an unparalleled offering."

Tailor-made solutions for individual customer needs

By offering consultation services and a broad spectrum of engineering
capabilities, Wärtsilä can design solutions to meet specific service
requirements for existing installations, which is particularly important when
dealing with aging assets. The aim is to ensure continuous optimised
performance throughout their operational lifecycle.

Pierpaolo Barbone, President of Wärtsilä Services&Executive Vice President of
Wärtsilä Corporation says, "The changing competitive landscape and diversity
of customer expectations create the need to continuously adapt our operating
models. We believe that in the hydropower and industrial markets we can
create value for our customers, and grow together with them."

Link to image
Caption: Wärtsilä Hydro&Industrial services - Keeping the power flowing

For further information, please contact:

Mr Harald Brodmann
Global Segment Manager
Tel: +49 4075 1900

Mrs Alex Peacock
Marketing Manager
Tel: +44 (0)23 9240 0121

Wärtsilä Services in brief

Wärtsilä Services creates lifecycle services for its customers, enhancing
their business - whenever, wherever. We provide industry's broadest range of
services for both shipping and power generation. Our solutions range from
spare parts and basic support to ensuring maximised lifetime, increased
efficiency and guaranteed performance of customer's equipment or installation
- in a safe, reliable, and environmentally sustainable way.

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.

Wärtsilä Newsroom

Hydro and Industrial services


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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