Wärtsilä paused all deliveries and sales to Russia and Belarus.
Finnish technology company Wärtsilä has halted its business in Russia, including equipment training, to help build maritime trade pressure on the country for its Ukraine offensive, reported Reuters.
The company paused all deliveries and sales to Russia and Belarus in the wake of Russia’s military invasion of Ukraine.
Wärtsilä plans to take action to ‘follow the European Union sanctions framework as it evolves, quoted the news agency, citing a company spokesperson.
The spokesperson added: “As part of this, training on using our engines/ship technology for Russian legal entities has been halted, regardless of the nationality of the individuals.”
About the Wärtsilä
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasize innovation in sustainable technology and services to help our customers continuously improve their environmental and economic performance. Our dedicated and passionate team of 17,000 professionals in more than 200 locations in 68 countries shape the decarbonization transformation of our industries across the globe. In 2021, Wärtsilä’s net sales totaled EUR 4.8 billion. Wärtsilä is listed on Nasdaq Helsinki.
