Company Profile
Fortum provides the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and globally. Its business is organized into Generation, Consumer Solutions, and Operations segments.
The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation. Its portfolio also includes district heating and cooling, and decarbonization services. The Consumer Solutions segment offers invoicing and customer services.
Its portfolio also includes electricity and related value-added products, and digital services for consumers, including small- and medium-sized enterprises. It is also involved in the electricity and gas retail business.
Its portfolio also includes power trading and energy supply services, industrial site development, and battery recycling activities. Incorporated in 1998 and headquartered in Espoo, Finland, Fortum was formerly known as IVO-Neste Yhtymä Oyj before rebranding in June 1998.