WRTBF - Neutral Outlook Now For WäRtsilä
Introduction
Wärtsilä (OTCPK:WRTBF) is a Finnish manufacturer of power solutions for marine and energy markets. The company was founded already in 1834 and it currently employs more than 18,000 employees at 200 locations in 20 countries. Wärtsilä Oyj is listed in the Helsinki Stock Exchange with a market value of €6bn and the main competitors of Wärtsilä are well-known international corporations such as MAN, Caterpillar and Rolls-Royce.
The company operates in the Americas, Europe, Africa and Asia, from which the latter one contributes as the largest share of the net sales of the company. Asian