Wartsila targets 65% engine capacity increase at Vaasa technology hub by 2029 amid demand growth

  • Wärtsilä set a growth plan centered on marine and energy, targeting rising demand for balancing capacity as renewables expand.
  • Planned EUR 230 million investment lifts engine technical production capacity 65% versus 2025, with phased commissioning in 2028-2029.
  • Once fully ramped, output is targeted to reach 120% more gigawatts than the 2025 operating level.
  • Capacity will be allocated across both energy and marine customers, with longer lead times expected as demand remains strong.
  • Strategy pivots fully to core operations as Portfolio Business exits leave no remaining activities, sharpening capital focus on organic growth.


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