Fortum
Electricity, Oil & Gas · Finland · 1K - 5K Employees
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Overview
Headquarters
Keilalahdentie Cd Building 2-4, Espoo, U...Phone Number
+358 104511Website
www.fortum.comRevenue
$5.9 BillionStock Symbol
FORTUMIndustry
ZI Rank: 14
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
13
12
9
9
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14
About Fortum
Fortum is an energy company founded in 1998 and headquartered in Espoo, Finland. The company specializes in the generation, distribution, and sale of electricity and heat, along with power plant operations and maintenance. Fortum operates through multiple business segments including combined heat and power production, electricity sales, customer solutions development, and various power generation technologies such as hydro, nuclear, and thermal. The company provides power solutions with expert services, portfolio management, trading capabilities, and invests in energy technology research and development. With operations across Europe and Asia, Fortum delivers essential energy services to both business and consumer markets.Explore more
Fortum Org Chart
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Company Profile Activity
Activity Insights
Fortum is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Fortum is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Fortum.
Fortum Tech Stack
A closer look at the technologies used by Fortum
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Most Recent Scoops
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Executive Move
Executive Moves, Left Company
Project
Fortum has announced the closure and dismantling of its Meripori coal power plant in Finland, with permanent closure effective 1 March 2027, as part of its strategy to exit all coal-based energy production by the end of 2027 and achieve net zero by 2040.
Shut Down
Earnings
reported that its net debt increased from EUR 1.5 billion at the beginning of Q2 to EUR 1.8 billion at quarter-end, with operating cash flow of EUR 324 million and investments of EUR 109 million during the quarter, resulting in a net debt to comparable EBITDA leverage ratio of 1.4x, following the payment of a EUR 664 million dividend in April.
Earnings, Spending/Investment, Accounting, Financial Reporting, Business Finance, Finance, Financial Operations, Financing & Debt
Earnings
maintained its 2026 capital expenditure guidance of EUR 550 million, excluding potential acquisitions, with committed CapEx of EUR 2 billion for the period 2026 to 2030, of which EUR 750 million is allocated to growth and annual maintenance is expected at EUR 250 million.
Spending/Investment, Financial Planning, Acquisitions, Finance, Financial Strategy
Earnings
Pricing
Fortum News & Media
Valmet in key role to decarbonize Fortum's Zabrze combined heat and power plant in Poland
Valmet Oyj's press release, December 3, 2025, at 9:30 a.m. EET ESPOO, Finland, Dec. 3, 2025 /PRNewswire/ -- Valmet is delivering a boiler fuel conversion for Fortum Zabrze combined heat and power (CHP) plant in Poland. Valmet's delivery for Fortum Zabrze CHP plant includes boiler island...
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Frequently Asked Questions Regarding Fortum
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Fortum is an energy company founded in 1998 and headquartered in Espoo, Finland. The company specializes in the generation, distribution, and sale of electricity and heat, along with power plant operations and maintenance. Fortum operates through multiple business segments including combined heat and power production, electricity sales, customer so... Read More
