During the first quarter, Wärtsilä and China State Shipbuilding Corporation (CSSC) signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wärtsilä Electrical & Automation Co Ltd (CWE&A), will focus on the growing Chinese electrical & automation market, especially for high-tech ship applications. The joint venture company is expected to be fully operational before the middle of 2017.