Fortum
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Fortum

Company nameFortum Oyj
Company typeJulkinen osakeyhtiö (OMX - HEX24271FUM1V)
IndustryEnergy industry
Founded1998
HeadquartersEspoo
Key peopleMatti Lehti (Chairman), Tapio Kuula (President and CEO)
ProductsElectricity generation and distribution
Revenue-5.435 billion (2009)
Operating income-1.782 billion (2009)
Net income-1.312 billion (2009)
Employees13,280 (2009)

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Fortum Oyj is a Finnish publicly listed energy company, which focuses on the Nordic and Baltic countries, Poland and the north-west of Russia. After acquisition of Russian energy company TGC-10 in year 2008, Western Siberia has become an important operating area for Fortum. The head of the company is Tapio Kuula, President and CEO. Fortum operates and maintains power plants and provides other energy related services. The company's main product is the production and distribution of electricity, heat and steam.

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VIDEO from thenewsmarket.com and Fortum AB: Fortum Enabled Stockholm to Become ... - PR Newswire (press release) Tweet this news
PR Newswire (press release)---Fortum-, the leading energy company focusing on low emissions, resource efficiency and energy security, is currently designing and installing a smart ... - Date : Thu, 28 Oct 2010 17:25:30 GMT+00:00
Energy Firms Make Deal Over Capacity - St.Petersburg Times.ru Tweet this news
St.Petersburg Times.ru--Siberian Coal Energy Company, known as SUEK, along with OKG-6, -Fortum-, Inter RAO and others signed the agreements with the industry's self-regulating groups ... - Date : Mon, 25 Oct 2010 21:12:14 GMT+00:00
Nokia Execs Dominate List of Top Earners - YLE News Tweet this news
YLE News---...- came in second with 4.8 million euros, while Mikael Lilius, the former chief of the majority state-owned power company -Fortum-, earned 2.7 million euros. ... - Date : Mon, 01 Nov 2010 09:49:35 GMT+00:00
Finnish Fortum H1 2010 net profit grows to EUR854m - Trading Markets (press release) Tweet this news
Trading Markets (press release)--16 July 2010 - Finnish energy company -Fortum- Oyj (HEL: FUM1V) said today its net profit rose to EUR854m in the first half of 2010 from EUR717m a year ... - Date : Fri, 16 Jul 2010 13:17:25 GMT+00:00
Fortum Q2 profits miss fcast, shares fall - Reuters Africa Tweet this news
Reuters Africa--HELSINKI, July 16 (Reuters) - Finnish utility -Fortum's- (FUM1V.HE: Quote) second-quarter profits lagged forecasts on Friday, hit by a sluggish recovery in ... - Date : Fri, 16 Jul 2010 10:06:28 GMT+00:00
Fortum Corporation Q2 2010 Earnings Call Transcript - TheStreet.com Tweet this news
TheStreet.com--By Seeking Alpha 07/16/10 - 01:17 PM EDT Thank you and welcome to our conference call. We are here together, my name is Tapio Kuula and I have here together ... - Date : Fri, 16 Jul 2010 17:21:02 GMT+00:00
EURO CDS: Fortum has reported Q2 net income of E263 mln versus analyst's ... - Automated Trader Tweet this news
Automated Trader--"-Fortum- had a good first half of the year considering the exceptional market conditions", said CEO Tapio Kuula. Among the company's divisions, ... - Date : Fri, 16 Jul 2010 09:42:15 GMT+00:00
Euro CDS: CDS Little Changed As Key Earnings Reports Begin - IMarketnews.com Tweet this news
IMarketnews.com---Fortum- reported Q2 net income of E263 mln versus analysts' estimates of E285 mln. EPS came in at E0.31 as expected but lower than the E0.32 from a year ago. ... - Date : Fri, 16 Jul 2010 11:09:15 GMT+00:00
TGK-1 net profit rose 7-fold - Barents Observer Tweet this news
Barents Observer--TGK-1 is owned by Gazprom and -Fortum-. Prime-Tass reports Friday that -Fortum- is interested in purchasing all shares in TGK-1, but TGK-1 rejects the offer and ... - Date : Fri, 11 Jun 2010 09:11:08 GMT+00:00
Finns to build biomass power plants in Poland - thenews.pl Tweet this news
thenews.pl--Finnish energy company -Fortum- is planning to build a combustion plant and a biomass power plant in the western city of Wroclaw. The plant, which is planned ... - Date : Sat, 12 Jun 2010 07:47:00 GMT+00:00

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