Fortum focuses on completing its investment programme in Russia
Espoo, Finland, 2012-08-15 10:34 CEST (GLOBE NEWSWIRE) -- PRESS RELEASE 15
August 2012
The news in certain media about Fortum's investments in a solar power plant in
Russia is unfounded. In Russia, Fortum's priority is to complete its ongoing
investment programme.
Fortum is continuously researching future opportunities related to solar
economy according to its strategy.
Fortum Corporation
Corporate Communications
Fortum
Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2011, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.8 billion.
We employ approximately 10,800 people. Fortum’s shares are quoted on NASDAQ OMX
Helsinki.
Further information: www.fortum.com