23.57
+1.64%
Close of 9 Nov 2026, in EUR
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About Fortum Oyj
Its shares trade on Nasdaq Helsinki under the ticker FORTUM.HE. It has been listed since 18 December 1998. In the fiscal year to 31 December 2025, it reported revenue of €4.99bn and net income of €765.0m. At that date it held total assets of €16.44bn and shareholders' equity of €8.54bn.
Fortum Oyj engages in the generation, distribution, and sale of electricity and heat, as well as operation and maintenance of power plants. The company is headquartered in Espoo, Etela-Suomen. The firm operates, along with its subsidiaries, in four business segments: Power, comprising the Company’s power generation, physical operation and trading, as well as expert services for power producers; Heat, consisting of combined heat and power generation (CHP), district heating and cooling activities and business-to-business heating solutions; Russia, including power and heat generation and sales in Russia, and Electricity Solutions, responsible for Fortum’s electricity sales. The firm operates in Finland, Sweden, Norway, the Russian Federation, Poland, Lithuania, Latvia, Estonia, India and the United Kingdom, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Utilities
- Industry
- Electric Utilities
- Listed since
- 18 Dec 1998
- Employees
- 19,935
- Website
- fortum.com ↗
Leadership
Pay as last reported
- Mr. Mikael SilvennoinenIndependent Chairman of the Board€166,000
- Mr. Markus RauramoPresident, Chief Executive Officer, Member of the Executive Management€2.9m
- Mr. Jonas GustavssonIndependent Deputy Chair of the Board€90,000
- Ms. Tiina TuomelaChief Financial Officer, Member of the Executive Management
- Ms. Kati LevorantaExecutive Vice President -Legal, General Counsel
- Ms. Nebahat AlbayrakExecutive Vice President - Sustainability and Corporate Relations, Member of the Executive Management
- Mr. Mikael LemstromExecutive Vice President - Hydro Generation, Member of the Executive Management
- Ms. Petra LundstromExecutive Vice President - Nuclear Generation, Member of the Executive Management
- Ms. Svenske NybergExecutive Vice President - People
- Mr. Simon-Erik OllusExecutive Vice President - Corporate Customers and Markets, Member of the Executive Management
- Mr. Mikael RonnbladExecutive Vice President - Consumer Solutions, Digitalisation and Innovation, Member of the Executive Management
- Mr. Peter StrannegardExecutive Vice President - Renewables and Decarbonisation, Member of the Executive Management
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 71
- Environment
- 80
- Social
- 57
- Governance
- 75
- Direct emissions (scope 1)
- 1,635,701 t
- Energy emissions (scope 2)
- 57,372 t
- Value chain emissions (scope 3)
- 12,465,711 t
- Women in the workforce
- 36.2%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Fortum Oyj is a leading Finnish energy company with a strong market position and a diverse portfolio of renewable energy solutions.
- The company has a robust financial performance, enabling it to invest in new technologies and expand its operations.
- Fortum Oyj has a skilled workforce and a strong focus on innovation, allowing it to develop and implement cutting-edge energy solutions.
Weaknesses
- Fortum Oyj is heavily dependent on the Nordic market, which exposes it to regional economic fluctuations and regulatory risks.
- The company's traditional power generation segments, such as nuclear and coal, face challenges due to increasing environmental concerns and shifting consumer preferences.
- Fortum Oyj may face difficulties in accessing capital for large-scale projects, considering the capital-intensive nature of the energy industry.
Opportunities
- Fortum Oyj can capitalize on the growing global demand for renewable energy sources, particularly in emerging markets.
- Advancements in energy storage technologies present an opportunity for the company to enhance the reliability and scalability of its renewable energy solutions.
- The transition towards electric mobility opens up new avenues for Fortum Oyj to provide charging infrastructure and related services.
Threats
- Intense competition in the energy sector, both from established players and new entrants, poses a threat to Fortum Oyj's market share.
- Changes in government policies and regulations can impact the company's operations and profitability, particularly in terms of subsidies and carbon pricing.
- Fluctuating commodity prices, such as oil and gas, can affect Fortum Oyj's cost structure and profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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