Fortum Oyj

Fortum Oyj generates and sells electricity and heat to private and business customers. The company operates in Finland, Sweden, Norway, Poland, and internationally. Its business is structured into three segments: Generation, Consumer Solutions, and Other Operations. The Generation segment focuses on producing low-carbon energy, including hydro, nuclear, onshore wind, and solar power. This segment also provides district heating and cooling services, alongside decarbonization solutions. The Consumer Solutions segment delivers invoicing and customer services, electricity and related value-added products, and digital services tailored for consumers, including small- and medium-sized enterprises. This segment also encompasses electricity and gas retail operations, power trading, and energy supply services. Beyond these core segments, Fortum Oyj is involved in industrial site development and battery recycling activities. The company was incorporated in 1998 as IVO-Neste Yhtymä Oyj and changed its name to Fortum Oyj in June 1998. Fortum Oyj is headquartered in Espoo, Finland.