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63. Fortum OYJ

Company Info

State or country

Finland

Geographical Location

EMEA

Assets

$31,580 mil

Revenues

$8,478 mil

Profits

$1,750 mil

Return on invested
capital (ROIC)

3 yr CGR % Revenues

12%

Company data as of 6/01/2011 provided by S&P Capital IQ

Company Snapshot

Fortum Oyj, together with its subsidiaries, engages in the generation, distribution, and sale of electricity and heat; and operation and maintenance of power plants primarily in the Nordic countries, the Russian Federation, and the Baltic Rim area.

Its Power segment involves in generation and sale of power; and physical operation and trading, as well as offers services for power producers in the Nordic market and other international markets.

This segment sells its power principally to the Nordic power exchange, Nord Pool Spot.

The company’s Heat segment provides district heating and cooling, industrial steam, and energy to industrial companies, municipalities, and end-users in the Nordic countries and other parts of the Baltic Rim.

This segment also sells electricity from its combined heat and power production to the Nord Pool Spot.

Its Distribution segment owns and operates distribution and regional networks, as well as distributes electricity to a total of 1.6 million customers in Sweden, Finland, Norway, and Estonia.

The company’s Electricity Sales segment involves in the retail sale of electricity to a total of 1.2 million private and business customers, as well as to other retailers in Finland, Sweden, and Norway.

Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland.

Data provided by


Tapio Kuula, 54
TITLES:
Chief Executive Officer, President and Chairman of OAO Fortum
Data provided by

Top 250

63. Fortum OYJ

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