FRANKFURT (Reuters) - Activist investor Elliott on Thursday called for a shareholder vote to push the management of German utility Uniper into talks with its top investor Fortum, hoping this will ...
HELSINKI (Reuters) -Nordic utility Fortum faces cyberattacks on a daily basis in Finland and Sweden and has sometimes spotted drones and suspicious individuals near its sites, its CEO told Reuters, ...
Fortum is an interesting Nordic utility company that recently experienced two major setbacks. Its Russian investments were seized and its sizeable investments in Uniper were sold at a loss of €5.8B.
Lithium-ion batteries are more complex and difficult to recycle than the lead-acid, which are almost entirely recyclable, but there are new ways to increase the recycling rate. According to Fortum, ...
HELSINKI (Reuters) - State-controlled Finnish utility Fortum (HEX:FUM1V) has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments ...
Finnish utility Fortum and Swedish small modular reactor project development company Kärnfull Next AB have signed a Memorandum of Understanding to jointly explore opportunities in new nuclear for ...
Fortum has today agreed to pay €2.3bn ($2.5bn) to increase its stake in European utility Uniper to 70.5 percent. Finland-headquartered Fortum had previously held a 49.9 per cent share in Uniper since ...
Finnish utility Fortum has launched a two-year feasibility study to examine the prerequisites for nuclear new build in Finland and Sweden. The study will consider both small modular reactors and ...
Nordic utility provider Fortum is setting up a district heating system in Espoo, the second-largest city in Finland, and plans to connect data centers to provide heat which could make the system ...
Fortum Oyj (FOJCY) recently announced a dividend of $0.13 per share, payable on a date yet to be announced, with the ex-dividend date set for 2024-03-26. As investors look forward to this upcoming ...
Three companies, Fortum, BASF, and Nornickel (nickel refinery) have signed a letter of intent to plan an electric car battery recycling cluster in Harjavalta, Finland. The idea is to develop a ...
We recently compiled a list of the Morgan Stanley’s 15 Best European AI Stocks. In this article, we are going to take a look at where Fortum Oyj (OTC:FOJCY) stands against Morgan Stanley’s other ...
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