Fortum Oyj Company Profile

Fortum Oyj

Keilaniementie 1, Espoo
00048 Fortum
Finland
Tel: +358 104 511
URL: http://www.fortum.com
Primary Symbol & Exchange:
FUM.1 - Ordinary Shares (Class 1) - Helsinki (Nasadaq OMX Group)
Industry:
Oil & Gas
+  SIC Industry Code:
+  NAICS Industry Code:
Subsidiaries Covered by Alacra
Neste Oil Oyj
Mergers & Acquisitions:
Fortum Oyj Mergers and Acquisitions
Thomson Financial Business Description:
The Group's principal activities are the production, refining, distribution and marketing of energy. The Group operates in six segments: Power Generation, Heat, Distribution, Markets, Russia and Other. Power Generation segment generates and sells power mainly to the Nordic electricity market. Heat provides district heating and cooling, industrial steam and energy produced in waste-to-energy production to industrial companies, municipalities and end-users. Distribution is responsible for a reliable and secure electricity supply to its customers. Markets is responsible for offering energy solutions to its 1.3 million customers. Russia segment is based on the geographical area, Russia, and includes power and heat generation and sales in Russia. Other includes mainly the shareholding in the associated company Hafslund ASA. The Group operates in Finland, Sweden, Russia, Poland, Norway and Other countries.
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