Wärtsilä Corporation Interim Report q1 2014

Strategic projects, acquisitions, joint ventures, and expansion of the network

Construction of the new production facilities for Wärtsilä Yuchai Engine Co., Ltd, the Chinese joint venture owned 50/50 by Wärtsilä and Yuchai Marine Power Co. Ltd., and Wärtsilä’s new fully-owned manufacturing facility in Brazil is ongoing. Production in both locations is planned to begin in mid 2014.

On 9 January 2014, Wärtsilä confirmed in a stock exchange release the approach by Rolls-Royce with a preliminary proposal for a possible offer. Wärtsilä also confirmed that there were no longer ongoing discussions with Rolls-Royce.

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