Fortum Oyj (0HAH.IL)

12.94 +0.04 (+0.31%) At close: 06:49PM BST

Fortum Oyj

CD Building
Keilalahdentie 2-4
Espoo 02150
Finland
358 10 4511
https://www.fortum.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 5,321

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Markus Heikki-Erdem Rauramo	Pres & CEO	2.29M	N/A	1968
Ms. Tiina Marjukka Tuomela M.Sc. (Eng.), MBA	Chief Financial Officer	N/A	N/A	1966
Mr. Ensio Väisänen	Head of Corp. Financial Services Unit	N/A	N/A	N/A
Ms. Ingela Ulfves M.Sc. (Econ.)	VP of Investor Relations & Financial Communications	N/A	N/A	1966
Ms. Nora Steiner-Forsberg L.L.M.	Exec. VP of Legal, Gen. Counsel & Sec. of the Board of Directors	N/A	N/A	1973
Ms. Heli Kurki	Head of Publicity & Communications	N/A	N/A	N/A
Ms. Eveliina Dahl M.Sc.	Exec. VP of People & Procurement	N/A	N/A	1984
Mr. Alexander Anatolyevich Chuvaev MSc (Eng)	Head of the Russia Division	N/A	N/A	1960
Mr. Mikael Rönnblad	Exec. VP of Consumer Solutions	N/A	N/A	1969
Mr. Simon-Erik Ollus	Exec. VP of Generation Division and Corp. Customers & Markets Bus. Unit	N/A	N/A	1978

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, Sweden, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and thermal resources; and provides power portfolio optimization, trading, and industrial intelligence, as well as nuclear services. Its City Solutions develops solutions in the areas of heating, cooling, waste-to-energy, biomass, and other circular economy solutions, as well as solar power production. The company's Consumer Solutions segment engages in electricity and gas retail businesses, including the provision of invoicing and customer services; and electricity and related value-added products, as well as digital services. This segment serves approximately 2.2 million customers. Its Russia segment generates and sells power and heat. The company's Uniper segment engages in the power generation business, as well as energy trading and optimization activities. Fortum Oyj was incorporated in 1998 and is headquartered in Espoo, Finland.

Corporate governance

Fortum Oyj’s ISS governance QualityScore as of 1 October 2023 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.