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2001
- Wärtsilä sells its 46.7% holding in Sanitec to Pool Acquisition Helsinki.
- Wärtsilä takes ownership of Swedish service company Ciserv Ab.
- Wärtsilä sells 20 million shares in Assa Abloy
- Wärtsilä expands into biopower and acquires Finnish company Sermet Oy, which specialises in small and medium-sized boiler plants running on biofuels, oil and gas.
2002
- Ciserv group expands with offices in Singapore, Denmark and Canada.
- Wärtsilä acquires a leading global supplier of marine propulsion systems, John Crane Lips, which will operate within Wärtsilä under the name Wärtsilä Propulsion.
- Wärtsilä increases its holding of Wärtsilä India Ltd. to 88.3%.
- Wärtsilä sells 10 million shares in Assa Abloy.
2003
- Wärtsilä increases its holding of Wärtsilä India Ltd. to 89.69%.
- Wärtsilä acquires Dutch marine service company Caltax Marine Diesel BV. Caltax will become part of the Ciserv group and will be named Ciserv Netherlands BV.
- Styria Group to buy Imatra Steel's Spring Works
- Wärtsilä sells its holding in Polar
- Wärtsilä to start propeller manufacture in China, Joint Venture with CME - Part of shipbuilding group CSSC
2004
- Wärtsilä announces to discontinue the production in Turku
- Lars Hellberg, BSc (Eng.) appointed new Group Vice President and Head of Engine division
- Cooperation agreement with maritime training academy AB Utbildning Sydväst Maritime in Turku, Finland
- Wärtsilä's Chinese propeller company starts production
- Group Vice President, CTO Matti Kleimola elected President of CIMAC
- Wärtsilä signs global IT service agreements with Accenture and HP
- Wärtsilä launches a new engine, the Wärtsilä 46F, at the SMM marine fair in Hamburg
- Auxpac generating sets enter the market. These take care of electricity supply on a vessel.
- Wärtsilä extraordinary shareholders' meeting approves extra dividend and bonus issue. Wärtsilä's order intake continues to grow in October - November.
- Mr Raimo Lind and Mr Mikael Mäkinen appointed Executive Vice Presidents of Wärtsilä from 1 January 2005. Mr Lind also acts as deputy to the President and CEO.
2005
- Order book reached all-time high
- Acquisition of DEUTZ marine service
- Acquisition of automation company Gerhardt Holding Co. Inc, USA
- First global operations and maintenance contract in maritime industry with Reederei Blue Star GmbH, Germany
- Wärtsilä’s subsidiary Imatra Steel became a part of the new Ovako company, Wärtsilä’s ownership 26.5%
- Heerlen unit in the Netherlands sold to Smelt Heerlen Beheer B.V.
- Wärtsilä Land and Sea Academy opened a new training centre in Subic Bay in the Philippines
- Jaakko Eskola, Vice President, Sales and Marketing, Power Plants, appointed Chairman of the Board of Directors of WADE, World Alliance for Decentralized Energy
- Wärtsilä’s first wholly-owned production venture in China inaugurated in Wuxi
2006
- License agreement with Brazilian company Nuclebras Equipamentos Pesados SA
- Acquisition of Kvaerner Power and Automation Systems AS (AKPAS)
- Acquisition of business of Singaporean Total Automation Ltd
- Changes in Board of Management: Jaakko Eskola Group Vice President, Ship Power and Christoph Vitzthum Group Vice President, Power Plants
- Alliance between Wärtsilä Automation Norway and Emerson Process Management for the floating oil production market in automation
- Assembly and testing capacity to be increased in Vaasa and Trieste
- Wärtsilä Qiyao generating set factory inaugurated in China
- Wärtsilä, SKF and Rautaruukki sold Ovako
- Wärtsilä, China Shipbuilding Industry Corporation and Mitsubishi Heavy Industries in joint manufacturing of low-speed engines in China
- Investments in the Steerable Thrusters manufacturing in China and the Netherlands
- Acquisition of German ship design company Schiffko
2007
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Wärtsilä India Ltd was de-listed from the Bombay Stock Exchange on 18 June 2007
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Wärtsilä and Hyundai Heavy Industries Co. Ltd (HHI) signed an agreement to set up a 50/50-owned joint venture in Korea to manufacture dual-fuel engines for LNG (liquefied natural gas) carriers
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Acquisition of the Swedish company Senitec AB. The company specializes in environmental technology products for separating waste, such as oily water and sludge, in power plants, harbours and ships
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Acquisition of the entire business of Marine Propeller (Pty) Ltd in Cape Town, South Africa. Marine Propeller (Pty) Ltd focuses mainly on repairing propellers
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Aquisition of UK-based propeller repair company McCall Propellers Ltd
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Aquisition of the marine business of Railko Ltd. in the UK, a company specializing in stern tube bearing technology
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Acquisition of the Scottish company, Electrical Power Engineering (Scotland) Ltd. The company specializes in electrical power engineering solutions for the marine, offshore, industrial and utilities segments
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Opening of a service workshop and an office in Vietnam to serve the growing Vietnamese shipping, shipbuilding and power industries
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Opening of a new training centre in South Korea, the world’s largest shipbuilding country, to provide training for customers’ engineers
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Wärtsilä and Vietnam Shipbuilding Industry Corporation (Vinashin) signed a licence agreement for the manufacture and sale of Wärtsilä low-speed marine engines in Vietnam
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Wärtsilä and Bryansk Engineering Works (BMZ), signed a licence agreement for the manufacture of Wärtsilä low-speed marine diesel engines in Russia
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Wärtsilä and V.Ships, a company specialising in ship management, agreed to cooperate on the provision of a broad spectrum of marine technical services in the marine market
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Wärtsilä Ship Power was reorganised into five Ship Power customer segments: Merchant, Offshore, Cruise&Ferry, Navy and Special vessels. The aim is to better respond to market requirements and technology development, as well as to be prepared for market fluctuations
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