Investor Presentaiton
Major Milestone of Wärtsilä in China
2005
Wärtsilä acquired Deutz
medium and high speed
engine marine service
business and started to
handle the business
from April.
Inauguration of Wärtsilä
Propulsion (Wuxi) Co.
Ltd. (wholly owned) in
June
2007
Inauguration of
Tangzhen Service
2010
Station in March
Wärtsilä China
Engineering Center
was setup
2011
2012
Wärtsilä acquired the
Hamworthy plc group.
JV Contract Signed to
establish Wärtsilä Yuchai
Engine Company Ltd.
Inauguration of CPP
production at Wärtsilä-CME
Zhenjiang Propeller Co.,
Ltd. In June
2006
Inauguration of Wärtsilä
Qiyao Diesel Co., Ltd
(Shanghai)
(a 50/50 JV with CSIC
SMDERI to
manufacture marine
auxiliary engines) in
June 2006
4
© Wärtsilä
2008
The top
management of
Wärtsilä Ship
Power moved to
China
Investors visit Sep. 23 2015
2009
Inauguration of Qingdao Qiyao
Wärtsilä MHI Linshan Marine
Diesel Co Ltd (QMD) in April.
(CSIC 50%, Wärtsilä 27% and
Mitsubishi 23%)
Inauguration of Wärtsilä Ship
Design (Shanghai) Co. in June
Zhoushan Services Station
was setup in Sept.
Signing of Strategic
Cooperation Framework
Agreement with CSSC in Nov
2014
Wärtsilä announced new joint venture
with CSSC for manufacturing medium
speed diesel engines in July
Wärtsilä and CSSC to join forces in 2-
stroke engine joint venture to take over
Wärtsilä's 2-stroke engine business
Wärtsilä divested its shares in QMD 2-
stroke joint venture in July
Inauguration of Wärtsilä Yuchai Engine
Company Ltd. In September
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