Wärtsilä Corporation Financial statements bulletin 2015

Restructuring programmes

The organisational adjustments in Marine Solutions announced in July, whereby approximately 600 jobs were planned to be reduced globally, are progressing according to plan. In taking these measures, Wärtsilä seeks annual savings in the region of EUR 40 million, which are expected to materialise fully by the end of 2016. The non-recurring costs related to the restructuring measures will be approximately EUR 25-30 million, of which EUR 19 million was recognised in 2015.

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