What Is Wärtsilä’s Role in Saudi Arabia?

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Transcript

00:00Can I just start by asking you to give us a sense of what it actually means when you say

00:04providing power solutions for the energy and marine sectors? What does that actually mean?

00:09So we are building power plants and we use those power plants for big vessels

00:13and for generating electricity on land as well.

00:17Okay, give us an example, if you don't mind, of a typical client, a typical scenario in which you provide those services.

00:24So if you have a big LNG carrier or a big cruise vessel, they normally use our engines to generate the energy

00:35that they need to propel themselves and to take care of the load and loading of the cargo, deloading of the cargo.

00:43So that's on the marine side. And on the energy side, we build power plants that generate electricity for utilities,

00:50electricity that we use for air conditioning, for industrial processes and to make a cup of tea.

00:57Okay, well, I've seen that you've got a global presence, you know, all over the place, all over the world.

01:01You employ about 18,000 people internationally. What sort of a presence have you got in Saudi Arabia?

01:07We have about 200 graduate colleagues in Saudi. We've been in the country for decades.

01:14I mean, Saudi is very important for us, both on the energy side and the marine side.

01:19We all know marine industry is very important for Saudi's economy.

01:24Also, future aspirations to develop the marine industry in Saudi.

01:28And on the energy side, we provide energy to quite a few, you could say, industrial complexes in Saudi.