Fortum is a Finnish state-owned energy company. In addition to Finland, it is focusing on Germany and other countries in the Central Europe, Great Britain, and the Nordic. Fortum operates power plants, generates and sells electricity and heat.
The company has power plants in Russia. As of September 2013, 40% of Fortum's employees worked in Russia; the company's total investment in Russian energy amounted to 4 billion euros.
Announced exit Russian market BUT Fortum receives fuel from TVEL, a subsidiary of the Russian state concern Rosatom. The contract was concluded before the expiration of the current licenses for the operation of Loviis reactors.
|June 14, 2022||Last minute Finnish plans|
|November 08, 2022||Finnish energy company Fotrum has not yet given up Russian uranium|
|April 27, 2022||German Utility Giant Says It Can Buy Russian Gas Without Busting Sanctions|
|February 07, 2022||Fortum subsidiary Uniper writes down its receivable in Nord Stream 2 and gives further details on its Russian businesses|