Wärtsilä Negotiates Restructuring in the Netherlands

Thursday, February 28, 2002
Wärtsilä will outsource manufacturing of engine components in Zwolle, the Netherlands, selling its production capacity to an outside supplier. At the same time Wärtsilä has decided to further develop its service activities at Zwolle. The solution, which is still subject to approval by the personnel, will make it possible to retain about 290 jobs in Zwolle. Wärtsilä announced in November 2001 that it planned to terminate its operations in Zwolle and to move engine manufacturing to Italy. Wärtsilä also proposed to relocate its service activities to the service unit in Schiedam. Wärtsilä Nederland has altogether 810 employees: 660 in Zwolle and 150 in Schiedam. Wärtsilä entered a EUR 90 million provision in its 2001 accounts to cover the costs of these restructuring measures.

The solution now reached will create roughly 65 jobs in a separate company that will continue to operate in the current Wärtsilä facilities in Zwolle. Furthermore, Wärtsilä has decided to develop its maintenance and repair services in Zwolle and continue its local sales activities, which will provide jobs for about another 210 employees in this area. Engine design and assembly will be relocated, as originally planned, to the Trieste factory in Italy. Discussions will be held in the next few weeks with personnel on the details of the proposed solution and its impacts, but representatives of the various personnel groups have already indicated their support for the solution.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

BWM Convention Will Not Resolve Difficulties In U.S. - ICS

ICS notes that the IMO Secretary General has announced that the Ballast Water Management Convention will enter into force worldwide from 24 November 2016, following

Wärtsilä Design for Offshore Vessel Conversion

Dutch ship owner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the 'Viking II', for use as a hotel vessel.

Terex Cranes for ICTSI

Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore

Marine Electronics

Vesper Marine Debuts New AIS Transponder

Marine safety products manufacturer Vesper Marine has released a new Class B Automatic Identification System (AIS), the XB-6000. The black box transponder includes

EASTMED to Add VSAT on 20 Tankers and Bulkers

Greece-based Eastern Mediterranean Maritime Limited (EASTMED), a shipping operator servicing the energy, industrial and agricultural sectors, has chosen to install

Halul Brings OSV Ship Handling Simulator to Qatar

Halul Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured an offshore support vessel (OSV) ship handling simulator, which is reportedly

Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0699 sec (14 req/sec)