Fortum
| Fortum | |
|---|---|
 |
|
| Type | Public (OMX: FUM1V ) |
| Founded | 1998 |
| Headquarters |  Espoo,
Finland |
| Key people | Peter Fagernäs (Chairman of the board), Mikael Lilius (President and CEO) |
| Industry | Energy |
| Products | Energy generation and distribution |
| Revenue | € 4.491 billion (2006) |
| Employees | 8,910 |
| Website | http://www.fortum.com/ |
Fortum Oyj is a Finnish public listed energy company, which focus on Nordic and Baltic countries, Poland and the north-west of Russia. The head of the company is Mikael Lilius, President and CEO. Fortum operations cover the generation, distribution and sale of
electricity and heat. Also it operates and maintenances
Fortum Oyj was created in 1998 by merger of the electricity company Imatran Voima Oy (IVO - founded in 1921) and the oil company Neste Oyj. In 2005, the oil business was separated again from Fortum and it was transferred to re-established Neste Oil company. Majority of Fortum's shares (51.1%) is owned by Finnish Government. The market capitalization of company is around €19 billion.
External links
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OMX Helsinki 25 companies of Finland |
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