Technology company Wärtsilä is expanding its main spare parts distribution center in Kampen, Netherlands, by 40 percent and consolidating nearby leased warehouses into the Kampen facility. This strategic move strengthens the growth of Wärtsilä’s global services business and the company’s ability to serve its customers more efficiently.
Wärtsilä’s services business order intake has grown by 68 percent between 2020 and 2024, resulting in a significant increase in spare parts deliveries from the Kampen distribution center. Thanks to the expansion, Wärtsilä can shorten delivery times, further optimize its logistics processes, and offer faster service to its customers.
Wärtsilä is investing 14 million euros in the expansion of the Kampen distribution center. Construction is scheduled to begin in early 2026, and commissioning is planned for 2027.
Key facts about Wärtsilä’s main spare parts distribution center in Kampen
Established in 2009, Wärtsilä’s main spare parts distribution center in Kampen, Netherlands, is a key element of the company’s global logistics services. It serves both marine and energy sector customers globally 24/7/365.
Wärtsilä’s global service network consists of six spare parts warehouses, 44 workshops, and 3,400 field service and workshop professionals.
The distribution center stores various components, and storage is highly automated. The distribution center also has dedicated areas for inbound, picking, and packing operations.
Wärtsilä is committed to a zero-waste supply chain and collaborates with suppliers and customers to reduce environmental impact.
Kampen’s eco-friendly packaging projects have reduced plastic usage by 67 percent compared to 2022, saving approximately 35 tons of plastic annually.
All truck transports in the Netherlands from the Kampen distribution center use fossil-free HVO100 fuel, reducing CO2 emissions by 90 percent.
It’s probably normal at this stage that the other party isn’t specified in more detail, perhaps when deliveries begin in just over a year… There are many projects in the USA too, and the authorities in the USA offer a rather neat map system online for existing and planned data centers: Accelerating Speed to Power (main page Accelerating Speed to Power).
Here’s an interesting article from Ilkka Sinervä about how Wärtsilä’s toughest competitor is coming up for sale again.
Germany’s Everllence can be considered one of Wärtsilä’s toughest global competitors in marine and power plant engines, as well as in maintenance. The powerful Swedish family, the Wallenbergs, wield the greatest influence in Wärtsilä, whose share price has strengthened by almost 12 percent to 28.6 euros on the Helsinki Stock Exchange in a month.
According to market rumors, the German Volkswagen Group (VW) plans to divest or spin off Everllence during next year.
The legendary engineering company, known for its factories in Augsburg, Germany, was known for decades as MAN Diesel, whose name then changed to MAN Energy Solution. VW removed “Diesel” from the company’s identifier in the name change more than five years ago, and now “MAN” has also become history.
Here are Pauli’s comments on how data center business can be different now and in the future; the company received a really large order for a data center project in the USA.
The need for rapid electricity access for data centers and the full order books of traditional gas turbine suppliers have opened up access for Wärtsilä’s engine power plants to large-scale power plant projects. The recent US order is exceptionally large for the company’s scale, and we believe it is also attractive in terms of margin level, even though new equipment sales are traditionally weaker in margin level than services. We will update the Q4 order forecasts for the Energy segment upwards at the latest in connection with the preliminary comments. The share price still appears quite neutral in our opinion, considering the elevated earnings-based valuation level and, on the other hand, the strong order book.
In Paul’s comprehensive comment, one observation is that Wärtsilä’s product sales are not as profitable as service sales. I would argue that these product sales are precisely what generate future service sales (annual maintenance and possible repairs of engines).
Now that sales to data centers have opened up, new cases could emerge surprisingly quickly – data center projects will likely want to make reservations for engines used in power generation and ensure they don’t fall too far behind in deliveries. Fortunately, Wärtsilä now has new facilities in Vaasa for manufacturing and testing, and apparently there is still room for expansion. For example, this was mentioned at an investment event held in Vaasa half a year ago. (https://www.wartsila.com/investors/blog/post/highlights-from-the-site-visit-to-the-sustainable-technology-hub-2025)
Wärtsilä has been on my shopping list for 1.5 years, and now I’ve invested more heavily. The first strong trigger was Wärtsilä’s icebreaker deals, and the data center deals were the final straw. What I regret most is buying and selling these at prices well over 7-8 euros. Better late than never.
Exactly the same here. At the same time, people are buying some Iren, Nebius, and Coreweave junk stocks. When people realize that Wärtsilä is involved in these games, the current price is more than reasonable.
Technology group Wärtsilä and Electricidade De Timor-Leste, Empresa Pública (EDTL, EP) have renewed their integrated Operation and Maintenance (O&M) agreement for three years. The agreement covers two power plants, Hera and Betano, in Timor-Leste in Southeast Asia, with a combined output of 255 MW. Ensuring continuous availability of these plants is vital to the country, as they are the only plants supporting the national grid. The order was booked by Wärtsilä in Q2 2025.
Technology group Wärtsilä has signed a three-year Guaranteed Asset Performance (GAP) agreement with Société Mauritanienne d’Electricité (SOMELEC) for their power plant in Nouadhibou, Mauritania. This 34 MW balancing power plant, equipped with two Wärtsilä 32 and two Wärtsilä 46 engines, plays a crucial role in securing reliable electricity for Mauritania’s economic capital and the wider grid. The new agreement significantly expands the scope of the previous agreement from technical advisory to asset performance, reflecting SOMELEC’s confidence in Wärtsilä’s lifecycle solutions. This order was booked by Wärtsilä in Q3 2025.
Wärtsilä will provide comprehensive lifecycle services in the GAP agreement, including:
operational support on-site with three technical advisors and a storekeeper, and remotely from the Wärtsilä Expertise Centre
unplanned maintenance
major overhauls at 12,000-hour intervals
supply of spare parts for engines, auxiliaries, and critical safety components
Wärtsilä and SOMELEC have a long-standing collaboration. The transition from an advisory agreement to a performance-based model in Nouadhibou is aligned with Wärtsilä’s strategy to provide greater value through tailored lifecycle solutions.
Here are Paul’s good comments from the strategy call organized by Wärre.
Wärtsilä held a quarterly webcast on Thursday discussing the company’s strategy, led by CEO Håkan Agnevall. We interpreted that the company sees the current data center-driven demand boom in the Energy segment as an opportunity to grow market share in the USA also in the long term. The company also sounded somewhat hopeful regarding new data center orders, although this demand is, of course, difficult to predict. There were no major changes in the Marine market outlook.
Wärtsilä launches new co-research project to advance predictive engine safety
A new co-research initiative has been launched to advance engine safety and reliability through advanced predictive technologies, bringing together leading partners. The Early Detection of Extreme Engine Events (EDE3) initiative, managed in the WISE ecosystem, aims to develop a framework for real-time identification, characterisation and prevention of extreme engine events. The framework integrates on-engine monitoring, fault simulation modeling, and adaptive signal processing to fault prediction mapping. In addition, fault cases will be generated and validated through experimental testing.
Led by Turku University of Applied Sciences, the EDE3 initiative is a collaborative effort between Wärtsilä, Nome Oy, Agco Power Oy, Unikie Oy, and EDRMedeso Oy.
The project will run until July 2027. In September 2026, the results of the project will be shared to a wider ecosystem at a seminar during Suomen Mekaniikkapäivät.
WISE – short for Wide and Intelligent Sustainable Energy – is a pioneering initiative co-funded by Business Finland. With an ambitious goal of developing zero-emission balancing power, WISE aims to accelerate the transition to a fully decarbonised energy sector.
Significant change in analyses, explains some of the share price movements yesterday/today:
“Bank of America höjer Wärtsilä två steg till köp (underperform), riktkurs 32 euro (15,50)” (reported by Nordnet/Finwire at 13.05)
= Bank of America raises Wärtsilä by two rating steps to a buy recommendation (was: underperform), new target price 32 euros (previous target price was: 15.5).
edit. a broader news item like this was also published a moment ago:
Kauppalehti (currently without a paywall) has a Bloomberg article today about U.S. energy needs. The administration wants to promote gas, coal, and nuclear power, but renewable energy sources still account for the majority of projects.
Technology group Wärtsilä will supply the engines, controls, and auxiliary equipment for a new 120 MW power plant in Kalgoorlie, Western Australia. The contract has been placed by Australian Independent Power Producer (IPP) Zenith Energy Operations. The plant is expanding the power supply of one of Australia’s largest gold mines, Kalgoorlie Consolidated Gold Mines (KCGM), owned by Northern Star Resources Ltd. The order was booked by Wärtsilä in Q4 2024. Power production is anticipated to begin in mid-2027 subject to environmental and regulatory approvals.
Technology company Wärtsilä strengthens its supply chain with a strategic partnership with Siempelkamp Giesserei, a key supplier of large cast components for Wärtsilä’s engines. Through this partnership, Wärtsilä ensures a reliable supply of high-quality large cast components in a growing market. Additionally, the partnership reduces supply chain constraints and supports the company’s continuous growth. This enables Wärtsilä to meet the increasing demand for sustainable technologies in the marine and energy sectors.
Wärtsilä and Siempelkamp Giesserei will jointly optimize the supply of large cast components, such as engine blocks. Based on a stable and reliable supply of key components, this collaboration enables Wärtsilä to increase its production volumes and meet strong market demand. Large cast components significantly help improve engine efficiency, enable more flexible adoption of new fuels, and reduce emissions throughout the product lifecycle.
The strategic partnership with Siempelkamp Giesserei demonstrates Wärtsilä’s commitment to collaborating with reliable suppliers who do not compromise on quality, who utilize advanced production methods, and who actively promote joint development projects and the reduction of greenhouse gas emissions. Through this type of collaboration, Wärtsilä can meet the constantly evolving needs of its customers.
Siempelkamp Giesserei uses renewable energy and advanced energy management systems in its automated and digitized foundries, which support Wärtsilä’s goal of reducing emissions from its suppliers. Siempelkamp Giesserei’s efficient low-carbon value chain helps Wärtsilä bring new engines to market faster and reduce material waste.
Wärtsilä and Aalto University have signed a new five-year research and development cooperation agreement, which continues the parties’ collaboration to promote clean energy technology innovations. The renewed agreement builds on previous, highly successful cooperation and places an even stronger emphasis on international collaboration. The partnership’s focus areas continue to be research and insight, competence development, recruitment, and educational cooperation.
The results of the cooperation can be seen, for example, in the following projects that promote carbon neutrality development in the marine and energy sectors:
Zero Emission Marine, a strategic research program aiming to reduce greenhouse gas emissions from the marine sector by 60 percent by 2030.
The HENNES project, a collaborative project between Aalto University and the University of Turku funded by Business Finland, focuses on hydrogen combustion processes and hydrogen-derived fuels. The goal is to develop emission-free technology that promotes Europe’s transition away from fossil fuels. The project is part of the Wärtsilä-led Zero Emission Marine program.
The AINA project, a collaborative project between Aalto University and the University of Turku, delves into the use of ammonia as an alternative fuel and its practical applications as part of the development towards carbon-neutral marine transport. The project is part of the Wärtsilä-led Zero Emission Marine program.
Hi-EFECTS, a collaborative project involving Aalto University, Lund University, World Maritime University, and the Norwegian University of Science and Technology (NTNU), develops renewable fuels, such as ammonia and methanol, suitable for marine engines. The goal is to build a success story for green shipping based on high-level research and leading expertise in the field.
A key feature of the renewed agreement is a more international focus than before: cooperation with international academic networks and partners will be strengthened to accelerate knowledge sharing and innovation. New research areas include, for example, virtual validation, artificial intelligence and machine learning, data analytics, and advanced materials.
Wärtsilä also recently announced a new doctoral program with Aalto University, the University of Vaasa, and LUT University. This unique program aims to accelerate future technological innovation by offering doctoral students research topics, secure funding, and support from experts at the collaborating universities and Wärtsilä.
