Wartsila to Slash Up to 450 Jobs in Italy

(File Photo: Wärtsilä)
(File Photo: Wärtsilä)

Wartsila  will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.

Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland, while its Trieste site will focus on research and development, among other activities.

(Reuters - Reporting by Boleslaw Lasocki; editing by Jason Neely)

Current News

UK: Twelve Companies Get Offshore Wind Financial Boost

UK: Twelve Companies Get Offsh

Solstad Plans Oslo Stock Exchange Listing

Solstad Plans Oslo Stock Excha

Orlen Drills Dry Well in Norwegian Sea

Orlen Drills Dry Well in Norwe

Aker Solutions Inks Long-Term Offshore Maintenance Deal with Vår Energi

Aker Solutions Inks Long-Term

Subscribe for OE Digital E‑News

Offshore Engineer Magazine