FORTUM CORPORATION ONLINE NEWS 6 March 2017
Fortum and SUENKO have today signed a non-binding memorandum of understanding to look into the possibility of creating a joint venture for the heat supply in Tyumen.
The ambition is that the joint venture could start operations by the end of 2017.
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com