Fortum Oyj
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Markus Heikki-Erdem Rauramo
- Full Time Employees
- 4,451
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- CD Building Espoo Finland 02150
- IPO Date
- Jan 4, 2010
- Website
- fortum.com
- Similar Companies
- Business
- Fortum Oyj is a Finnish energy company primarily engaged in the generation, distribution, and sale of electricity and heat, with a strong focus on clean energy solutions. The company offers a comprehensive portfolio including electricity generation from nuclear, hydro, solar, and wind power; district heating and cooling services; electricity sales and trading; as well as energy-related services and technology solutions. Fortum operates mainly in the Nordic countries, the Baltic region, Poland, Russia, and India, serving industrial, retail, and municipal customers. Founded in 1998 and headquartered in Espoo, Finland, Fortum is a key player in the energy sector, supporting the transition to sustainable energy systems. In the latest major developments, Fortum has accelerated its strategy towards carbon neutrality by expanding its renewable energy capacity and forming strategic partnerships in the clean energy domain. Notably, in 2024 and 2025, Fortum has focused on increasing its investments in solar and wind power assets and enhancing its energy services portfolio, including smart grid technology and heat pump solutions. The company has also pursued operational efficiencies and growth through acquisitions and alliances aimed at reinforcing its position in the European and Indian markets. Fortum continues to adapt its business model towards greater integration of sustainable energy solutions, reflecting the global energy transition. Fortum’s main business segments include Power Generation, Heat, and Electricity Sales and Solutions, with products and services spanning electricity production from nuclear and renewable sources; heat production and distribution; electricity retail sales; and energy-related solutions such as electric vehicle charging, energy efficiency services, and digital energy management. The company has subsidiaries and joint ventures that support its operations across key markets including Nordic and Baltic countries, the Russian Federation, India, and Poland. Founded in 1998, Fortum Oyj is headquartered in Espoo, Finland, and is publicly traded with ticker symbol FOJCY. Its focus is on delivering sustainable energy with an emphasis on low-carbon and renewable solutions, making it a prominent player in the European energy industry with expanding footprints in selective global markets. Recent operational and strategic shifts highlight Fortum's commitment to sustainability and innovation in energy solutions.
Fortum Oyj (FOJCY) Q1 2026 Earnings Call Transcript
Fortum Oyj (FOJCY) Analyst/Investor Day Transcript
Fortum Oyj (FOJCY) Q3 2025 Earnings Call Transcript
Fortum Oyj (FOJCF) Q2 2025 Earnings Call Transcript
Hexa Climate buys Fortum's India renewables; plans $500 million investment
Fortum Oyj (FOJCF) Q1 2025 Earnings Call Transcript
Finland's Fortum explores long-term options for new nuclear power
Fortum Oyj (FOJCF) Q4 2024 Earnings Call Transcript
Finnish utility Fortum reports fourth-quarter profit increase
Fortum to buy renewable power portfolio for $9.4 mln
Fortum Oyj (FOJCF) Q3 2024 Earnings Call Transcript
Fortum, Vestas settle dispute over Russian wind energy projects
Exclusive: Finnish utility Fortum's power assets targeted with surveillance, cyber attacks
Fortum to sell its stakes in biobased solutions businesses in India
Finland's Fortum starts using U.S. nuclear fuel in bid to reduce Russian dependence
Fortum Oyj (FOJCF) Q2 2024 Earnings Call Transcript
Finland's Fortum says new nuclear not feasible at current prices
Fortum Oyj (FOJCF) Q4 2023 Earnings Call Transcript
Fortum considers Nordic sites for new nuclear power
Fortum Oyj (FOJCF) Q3 2023 Earnings Call Transcript