Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

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.

 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Finland
Energy, Oil & Gas

Top 100 largest companies in Russia by revenue

Top 100
Revenue, mln.USD
1090
Staff
2687
Capital, mln.USD
2588
Taxes, mln.USD
255
Glob.Revenue, mln.USD
118829

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

Exit Russian market

Open the Statement
Statements Archive
https://www.bloomberg.com/news/articles/2022-04-27/germany-won-t-manage-without-russian-gas-supply-uniper-says
https://www.fortum.com/media/2022/03/fortum-subsidiary-uniper-writes-down-its-receivable-nord-stream-2-and-gives-further-details-its-russian-businesses
Share the Company Status:
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.