Wärtsilä to recognise provisions related to nuclear power plant back-up genset projects
Wärtsilä Corporation, Stock exchange release, 11.12.2018 at 5.10 pm EETWärtsilä to recognise provisions related to nuclear power plant back-up genset projectsWärtsilä has conducted a detailed review of its ongoing nuclear power plant projects, following the decision to cease providing emergency back-up equipment to this segment. Based on the findings of the review, two projects have been identified where material additional provisions are required to cover cost overruns and project delays. The allocation of responsibility for the additional costs and delays are in dispute. The provisions,