Finland's Fortum, hit hard by the energy crisis in Europe, is in talks with the Finnish state on how to secure liquidity needs until hedged power contracts go to delivery and collaterals are released.

Fortum said on Monday it would draw a first 350 million euro ($337 million) tranche of a bridge financing deal made this month with the government to weather the energy crisis. The Finnish utility ...

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.

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, ...

I wouldn't call myself a swing trader, but in this case, I go in as cheap as I can, and then leave if the company moves up above €24/share, usually. The reason this is an attractive play even during ...

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 ...

FRANKFURT (Reuters) - The chief executive of German energy producer Uniper has criticised Finnish suitor Fortum (FORTUM.HE) for a lack of clarity about its intentions in a planned 8 billion euro (7.1 ...

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, ...

Fortum Oyj (HLSE:FORTUM) has been on investors’ radar, especially after recent returns that outpaced the broader sector. Over the past year, Fortum shares have gained 35%, reflecting changing dynamics ...

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 ...

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 ...

Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. Fortum is launching an €8bn takeover offer for Uniper after the Finnish group secured the agreement of the ...