Kim Kronstedt has been appointed as the new president of Fortum Energy Solutions starting 1 December 2002. Mr Kronstedt, aged 45, holds both MSc(Eng) and MBA degrees and he has made a successful 16-year career at Fortum. His most recent positions include leading the business development and the engineering activities within Fortum´s oil refining unit.


Fortum Energy Solutions (FES) is a business unit focusing on operation and maintenance services for power plants and industry mainly in Finland and Sweden. The net sales of the unit 1-9/2002 was MEUR 450 and the number of employees exceeded 5,000. These figures will be affected by the omission of operations within power plant engineering, which will be included in a new, joint company at the turn of the year.


FES’ current president, Mr Eero Auranne will transfer to head the new engineering company established by Fortum, Pohjolan Voima and PI-Group.


Fortum Corporation
Corporate Communications



For further information, please contact:
Mr Tapio Kuula, President, Power and Heat Sector, tel. +358 (0)10 452 4112