Sulzer Takes Measures in the Pumps Equipment Division
Based on the current challenging environment in the oil and gas market, Sulzer decided to take measures to streamline the manufacturing capacities of its Pumps Equipment division. Since the beginning of 2015, Sulzer’s Pumps Equipment division has been organized in three market-oriented business units Oil and Gas, Power, and Water, a dedicated global Parts, Retrofit, and Nuclear Services organization, and a Global Operations network. With the new setup, the company targets to make better use of its capacity and improve quality. At the same time, the oil and gas market remains challenging, leading to low investment levels and project suspensions.
Blending Finnish and Italian Flair
It is testament to the Finnish spirit that diesel engineering force Wärtsilä NSD, having suffered bruising financial results in 1998, has staged an effective fightback based in part on tactical change and in part on increased control of every theater of its operations. As the latest expression of the corporation's growing influence on the industry in Europe, the famous Grandi Motori Trieste name and its vast engine manufacturing complex on Italy's northeastern border with Slovenia, have been subsumed into the Finnish-controlled group and retitled Wärtsilä NSD Italia. Occupying a total area of 550,000-sq.-m., including 150,000-sq.-m. under cover, the Trieste plant is one of the most extensive in the world.