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.

Top 100 largest companies in Russia by revenue

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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.

The Company Statement
May 12, 2022

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, 2022Last minute Finnish plans
November 08, 2022Finnish energy company Fotrum has not yet given up Russian uranium
April 27, 2022German Utility Giant Says It Can Buy Russian Gas Without Busting Sanctions
February 07, 2022Fortum subsidiary Uniper writes down its receivable in Nord Stream 2 and gives further details on its Russian businesses
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