Inside information: Wärtsilä to book provisions of EUR 40 million related to the Olkiluoto 1 and 2 nuclear project in Finland
Wärtsilä Corporation, Stock exchange release, 13 December 2022 at 19.00 EETInside information: Wärtsilä to book provisions of EUR 40 million related to the Olkiluoto 1 and 2 nuclear project in Finland Wärtsilä signed an agreement with Teollisuuden Voima Oyj (TVO) in Finland for the delivery of nine standby diesel generators and their auxiliary systems to the Olkiluoto 1 and 2 plants in 2013. In October 2020, TVO initiated arbitration proceedings against Wärtsilä concerning the time schedule of the installation and commissioning of the project. During the third quarter of 2022, the