Wärtsilä Owns 100% of Wärtsilä Navim Diesel

Thursday, May 14, 2009

Wärtsilä has acquired the remaining 60 percent of the shares of Wärtsilä Navim Diesel of Italy, increasing its ownership of the company to 100 percent. Wärtsilä Navim Diesel has all its operations in Genoa.
 
Wärtsilä Navim Diesel's net sales amounted to $62.5m in 2008. The company employs 88 people. Its businesses will be integrated into Wärtsilä Services business in Italy and all personnel will continue as Wärtsilä employees. The value of the deal is not published.
 
(www.wartsila.com)

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1072 sec (9 req/sec)