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Annual Report 2013

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Annual Report 2015

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Restructuring programmes

The organisational adjustments in Marine Solutions announced in July 2015, for the planned reduction of approximately 600 jobs globally, is 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. At the end of March 2016, savings of approximately EUR 7 million have materialised. The costs related to the restructuring measures will be approximately EUR 25-30 million, of which EUR 1 million was booked during the review period January-March 2016 and EUR 19 million in 2015.

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