Fortum

Fortum Oyj
Company typeJulkinen osakeyhtiö
Nasdaq Helsinki: FORTUM
IndustryElectricity
PredecessorImatran Voima (IVO)
Founded
  • 1998 (1998)
Headquarters,
Area served
Nordic countries, Poland, India
Key people
ProductsElectric power
Heat
Revenue €6.711 billion (2023)
€1.544 billion (2023)
Total assets €18.739 billion (2023)
Total equity €8.499 billion (2023)
OwnerGovernment of Finland,
Finnish National Institutions (Kela, Keva, State Pension Fund, City Councils of Kurikka, Turku and Kauhajoki) (53.03%)
Number of employees
5,225 (2023)
Websitewww.fortum.com

Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. It mainly focuses on the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the Nasdaq Helsinki stock exchange.

As of 2023 Fortum was the third-largest power generator in the Nordics.