Independent journal on economy and transport policy
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Wärstilä Agreement - It lowers It are Shipbuilding Corporation in the field of the systems constituents and automation for the marine section
Previewed the constitution of joint venture that will become operating at the beginning of 2017
March 17, 2016
The Finnish group Wärstilä Corporation, than work in the field of the systems of generation of energy and propulsion for the marine and terrestrial field, has undersigned with the Chinese navalmeccanico group Lowers Is Shipbuilding Corporation (CSSC) a letter of attempts for the constitution of joint venture active in the field of the systems constituents and of automation for the marine section. The range of the new society, than second the forecasts will become operating at the beginning of the next year, will include activity of sale, marketing and planning.
"Wärstilä - the managing director of the Finnish group has declared, Jaakko Eskola - stops a position of leadership in the supply of systems constituents and automation for innovative applications and offshore unit. Adding the forces in this field with the remarkable market position of the CSSC, we can on the spot offer to the shipowners and the Asian ship yards the best which supported possible solutions from ability and a presence".
Wärtsilä and CSSC have already constituted three joint venture: in the 2004 they have founded the Wärtsilä CME Zhenjiang Propeller Co Ltd (WCME), society engaged in the production of fixed pitch propellers and variable; in the same year the CSSC Wärtsilä Engine (Shanghai) Co Ltd (CWEC is instituted), that it is active in the production of marine engines in China; in 2015 the Winterthur is constituted Gas & Diesel engine (WinGD), than speed takes care of the technical development and the commercialization of Wärtsilä marine engines to two times to lowland.
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