Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Wartsila Oyj Abp    WRT1V   FI0009003727

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Wartsila B : Wärtsilä inaugurates its new Central Distribution Centre in the Netherlands

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/07/2011 | 02:50pm CET
Wärtsilä inaugurates its new Central Distribution Centre in the Netherlands

Wärtsilä Corporation, Press release, 7 November 2011

Wärtsilä, a global leader in complete lifecycle power solutions for the marine and energy markets, inaugurates its new spare parts distribution centre in Kampen, the Netherlands, on Monday 7 November 2011. The Central Distribution Centre is to be inaugurated by Wärtsilä's President & CEO Björn Rosengren together with Bort Koelewijn, the Mayor of Kampen.

The Central Distribution Centre is the core of Wärtsilä Global Logistics Services, and integrates eight previously localized spare parts warehouses into one global supply chain operation. It covers the entire material flow from order confirmation until the point of delivery at the customer's doorstep. The new centre will shorten transportation distances, reduce spare parts traffic between warehouses, and improve management of the entire supply chain. Wärtsilä's global service network continues to serve the customers with a full range of services and repairs.

"The new centre will deliver spare parts to customers and Wärtsilä's 160 service locations around the globe. By using one global logistics centre, and through the creation of a highly efficient logistics flow, Wärtsilä is better positioned to serve its customers and suppliers. Consolidating logistics and warehousing will result in faster and more efficient spare parts deliveries, 24 hours a day 7 days a week," says Christoph Vitzthum, Group Vice President, Wärtsilä Services.

The new distribution centre began operations in December 2010 and will be fully operational before the end of this year. The facilities cover an area of 37,000 m2. Wärtsilä's total investment in the new distribution centre has been approximately EUR 70 million. When in full operation there will be approximately 140 people working there.

The Central Distribution Centre has been designed and implemented by Swisslog, a logistics solutions provider. CEVA Logistics, a supply chain management company, is responsible for the shipments and operational warehouse handling.

Wärtsilä Services

Services is one of the three Wärtsilä's businesses alongside Ship Power and Power Plants. Wärtsilä Services offers services to both the global marine and energy markets and operates the most extensive service network in the industry. The company's extensive portfolio of services includes spare parts and field services, as well as the servicing of engines, propulsion systems, electrical and automation systems, and boilers. It also covers environmental services and solutions, upgrades and conversions, long-term agreements for engine and propulsion systems, as well as training services. Wärtsilä's Services business is also in the forefront in developing new service concepts to meet customer needs for optimal operational efficiency. Wärtsilä Services operates some 70 fully owned workshops and employs over 11,000 services professionals.

Wärtsilä in the Netherlands

Wärtsilä has all its three business units Ship Power, Power Plants and Services as well as Research and Development represented in the Netherlands. It has more than 1000 employees in seven locations in Drunen, Schiedam, Harlingen, Kruiningen, Kampen, Waalwijk and Zwolle.

For more information, please contact

Carsten Eisenkrämer
Vice President, Wärtsilä Global Logistics Services
Wärtsilä Switzerland
Tel. +41 52 2622690
carsten.eisenkramer@wartsila.com


Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel. +358 (0)400 267 555
tuula.franck@wartsila.com

Photos:
- Central Distribution Centre 1
- Central Distribution Centre 2
- Links to pictures from the inauguration will be available in this press release at www.wartsila.com soon.

Fact sheet of Central Distribution Centre

  • Built-up area of 37,000 m2 with possibility to expand
  • Total investment approximately EUR 70 million
  • Warehouse for all parts from very small to extremely large, including engine parts of over 50,000 kg
  • Partly automatic and partly manually operated
  • Over 60,000 pallet locations and over 60,000 totes in mini-load
  • Wärtsilä has its own quay at Zuiderzeehaven, with sea transport possibilities
  • Adjacent to N50 highway and the river Ijssel, for waterway transport option
  • Good logistics connections to Rotterdam, Hamburg and to Schiphol (Amsterdam) airport
  • Location will reduce emissions from transportation


Links to previous press releases of the subject:


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 maximises the environmental and economic performance of the vessels and power plants of its customers. In 2010, Wärtsilä's net sales totalled EUR 4.6 billion with more than 17,500 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WARTSILA OYJ ABP
02/21 WARTSILA OYJ : to supply gas-fired power plant to China
02/17 WARTSILA OYJ : MILITARY $60,800 Federal Contract Awarded to Wartsila Defense
02/16 WARTSILA OYJ : to maximise availability and secure safe operations of PGS's seis..
02/15 WARTSILA OYJ : Wärtsilä to maximise availability and secure safe operations of P..
02/13 WARTSILA OYJ : joins Seabin Project in the battle against ocean plastics
02/12 WARTSILA OYJ : Joins Seabin Project in the Battle Against Ocean Plastics
02/10 WARTSILA OYJ : Corporation's Annual Report 2016 published
02/10 WARTSILA OYJ : Wärtsilä joins Seabin Project in the battle against ocean plastic..
02/09 WARTSILA OYJ : Wärtsilä Corporation’s Annual Report 2016 published
02/09 WARTSILA OYJ : Wärtsilä Corporation's Annual Report 2016 published
More news
Sector news : Industrial Conglomerates
08:49a Safran ready to discuss A400M, but won't share Airbus penalties
12:59a Exclusive - Trump says Republican border tax could boost U.S. jobs
02/23 BOEING 'NOT COMPETITIVE', BUT TAX RE : Cfo
02/23 Canada's Iron Ore Company budgets C$79 million for mine expansion
02/23DJAYALA : Buys 43.3% Stake in Zalora Philippines
More sector news : Industrial Conglomerates
News from SeekingAlpha
01/31 Wartsila's (WRTBF) CEO Jaakko Eskola on Q4 2016 Results - Earnings Call Trans..
01/31 Wartsila Corp. 2016 Q4 - Results - Earnings Call Slides
2016 Better Days Ahead For Wärtsilä
2016 Wartsila reports Q3 results
2016 Wartsila's (WRTBF) CEO Jaakko Eskola on Q2 2016 Results - Earnings Call Trans..
Advertisement
Financials (€)
Sales 2017 4 920 M
EBIT 2017 606 M
Net income 2017 427 M
Finance 2017 12,9 M
Yield 2017 2,75%
P/E ratio 2017 22,42
P/E ratio 2018 19,61
EV / Sales 2017 1,97x
EV / Sales 2018 1,86x
Capitalization 9 706 M
More Financials
Chart WARTSILA OYJ ABP
Duration : Period :
Wartsila Oyj Abp Technical Analysis Chart | WRT1V | FI0009003727 | 4-Traders
Full-screen chart
Technical analysis trends WARTSILA OYJ ABP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 46,4 €
Spread / Average Target -5,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jaakko-Veikko Eskola President & Chief Executive Officer
Percy Henrik Mikael Lilius Chairman
Marco Wirén Chief Financial Officer & Executive Vice President
Jukka Kumpulainen Chief Information Officer & Vice President
Outi Maarit Aarni-Sirviö Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WARTSILA OYJ ABP15.93%10 278
GENERAL ELECTRIC COMPA..-4.02%265 569
3M CO4.83%111 603
SIEMENS AG7.02%111 068
HONEYWELL INTERNATIONA..7.93%95 012
E I DU PONT DE NEMOURS..8.43%68 811
More Results