Wärtsilä Marine
Defunct Finnish shipbuilding company (1987-89) / From Wikipedia, the free encyclopedia
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Wärtsilä Marine (Finnish: Wärtsilä Meriteollisuus; Swedish: Wärtsilä Marinindustri) was a Finnish shipbuilding company.
Quick Facts Native name, Company type ...
Native name | Wärtsilä Meriteollisuus Wärtsilä Marinindustri |
---|---|
Company type | Osakeyhtiö |
Industry | Shipbuilding |
Founded | January 1, 1987 (1987-01-01) |
Defunct | October 23, 1989 (1989-10-23) |
Fate | Bankruptcy |
Successor | Masa-Yards |
Headquarters | |
Number of locations | Helsinki, Turku |
Key people | Pekka Laine Ingmar Ingvesgård |
Owner | Wärtsilä, Valmet |
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The company was created in 1987 in order to improve shipbuilding productivity by combining the Wärtsilä and Valmet yards under the same organisation. The yards were located in Helsinki and Turku. The company fell in a scandalous bankruptcy in 1989.
The operation was continued after under name Masa-Yards.