A continued strong holding in Wärtsilä

Associated company, Wärtsilä Corporation, represents an important part of the Fiskars portfolio. Fiskars' wholly owned subsidiary, Avlis AB, is Wärtsilä's largest single shareholder and Fiskars owned a total of 17.1% of Wärtsilä's shares and votes as of the end of 2009.

Wärtsilä Corporation is a global supplier of marine and energy equipment solutions and services. Wärtsilä enhances the business of its customers by providing complete life-cycle solutions, and by developing technologies that benefit both its customers and the environment.

In shipping, Wärtsilä is a leading provider of energy equipment for ships and offshore applications. It manufactures engines and generating sets, reduction gears, propulsion equipment, control systems and sealing solutions.

In energy, Wärtsilä is an important supplier of solutions for decentralized power generation. Wärtsilä offers power plants based on oil, gas, multiple fuel engines, and biopower.

Wärtsilä's comprehensive service operations support the system deliveries throughout their entire life-cycle.

Through innovative products and support services, Wärtsilä aims to be the most valued business partner to all its customers. Wärtsilä employs close to 19,000 professionals manning 160 locations in close to 70 countries around the world.