PRESS RELEASE 2 November 2011
A key element in Fortum's strategy is the pursuit of new growth opportunities
particularly in fast growing markets. As a part of this strategy
implementation, Fortum is establishing an office in India to evaluate and
develop concrete growth initiatives. Maria Paatero-Kaarnakari, SVP Corporate
Strategy and R&D, will be responsible for the preparations related to the
establishment of the India office. The goal is to launch the office in Delhi
early in 2012.
Maria Paatero-Kaarnakari, SVP, Corporate Strategy and R&D, tel. +358 10 452
5034 or +358 50 452 5034
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 and Baltic Rim area.
In the future, the integrating European and fast-growing Asian energy markets
provide additional growth opportunities. In 2010, Fortum's sales totalled EUR
6.3 billion and comparable operating profit was EUR 1.8 billion. We employ
approximately 10,500 people. Fortum's shares are quoted on NASDAQ OMX Helsinki.
Further information: www.fortum.com