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    Fortum to divest its turbine and generator services to Elcoline Group Oy

    FORTUM CORPORATION INVESTOR NEWS 1 NOVEMBER 2024 AT 17:20 EET Fortum has signed an agreement to sell its turbine and generator services to industrial technical services provider Elcoline Group Oy. The divestment is part of Fortum’s ongoing strategic review of its Circular Solutions businesses. The Circular Solutions businesses are not in the core of Fortum’s strategy. Fortum’s strategic focus is on delivering clean energy and driving decarbonisation of industries in the Nordics. The transaction will not have any material financial impact on Fortum Group’s result. The transaction is

    Fortum Corporation: Managers' transactions – Eveliina Dahl

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Dahl, Eveliina Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130723_304 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 185 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Nebahat Albayrak

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Albayrak, Nebahat Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130723_299 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 48 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Bernhard Günther

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Günther, Bernhard Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130552_295 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 225 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Tiina Tuomela

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Tuomela, Tiina Position: Chief Financial Officer Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130723_300 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 212 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Peter Strannegård

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Strannegård, Peter Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130552_296 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 299 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Nora Steiner-Forsberg

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EEST Release category: Managers’ transactions Person subject to the notification requirement Name: Steiner-Forsberg, Nora Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130723_301 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 161 Unit price: 13.6902

    Fortum Corporation: Managers' transactions – Mikael Rönnblad

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Rönnblad, Mikael Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130717_297 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 58 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Simon-Erik Ollus

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Ollus, Simon-Erik Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130552_293 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 258 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Petra Lundström

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Lundström, Petra Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130723_302 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 219 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Mikael Lemström

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Lemström, Mikael Position: Other senior manager Issuer: Fortum Corporation LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130721_298 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 35 Unit price: 13.6902 EUR

    Fortum Corporation: Managers' transactions – Markus Rauramo

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 31 OCTOBER 2024 AT 17:30 EET Release category: Managers’ transactions Person subject to the notification requirement Name: Markus Rauramo Position: Chief Executive Officer Issuer: Fortum Oyj LEI: 635400IUIZZIUJSAMF76 Notification type: INITIAL NOTIFICATION Reference number: 635400IUIZZIUJSAMF76_20241031130552_294 Transaction date: 2024-10-30 Venue: XHEL Instrument type: SHARE ISIN: FI0009007132 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 265 Unit price: 13.6902 EUR

    Fortum January–September 2024 Interim Report: Resilient performance amid seasonally low Nordic power prices

    FORTUM CORPORATION JANUARY–SEPTEMBER INTERIM REPORT 29 OCTOBER 2024 AT 9:00 EET This release is a summary of Fortum’s January–September 2024 Interim Report. The complete report is attached to this release as a PDF file. It is also available on the company's website at www.fortum.com/investors Resilient performance amid seasonally low Nordic power prices July–September 2024 · Comparable EBITDA was EUR 254 (318) million. · Comparable operating profit was EUR 158 (226) million. · Operating profit was EUR 123 (251) million. · Comparable earnings per share were EUR 0.14 (0.

    Fortum advances its exit from coal – invests EUR 100 million in decarbonisation of Czestochowa plant in Poland

    FORTUM CORPORATION INVESTOR NEWS 29.10.2024 AT 8:55 EET Fortum’s coal exit progresses with the decarbonisation of the Czestochowa combined heat and power (CHP) plant in Poland. Fortum is committed to exit coal in all its operations by the end of 2027. In 2023, 98% of Fortum’s total power generation was already CO2-free. In heat production, 28% was based on coal. The Czestochowa plant’s retrofit with biomass technology will decrease Fortum’s coal capacity by 0.1 GW to 0.9 GW and direct CO\2\ emissions by approximately 175,000 tonnes. Of the remaining 0.9 GW coal capacity, 0.6 GW is only

    Fortum has initiated legal proceedings against Forward Energo to recover approximately EUR 800 million in intercompany loans

    FORTUM CORPORATION PRESS RELEASE 22 OCTOBER 2024  Fortum has initiated legal proceedings before a Dutch civil court against Forward Energo (formerly known as PAO Fortum). The proceedings concern intercompany loans of approximately EUR 600 million granted to PAO Fortum. PAO Forward Energo is in payment default of all intercompany loans. The majority of these loans have reached their maturity date and have not been repaid. In addition, PAO Forward Energo has failed to pay the interest due on all loans. The claim, including interest and default interest, amounts to approximately EUR 800

    Fortum will publish its January−September 2024 Interim Report on 29 October 2024

    FORTUM CORPORATION INVESTOR NEWS 15 OCTOBER 2024 AT 13:00 EEST Fortum's January−September 2024 Interim Report will be published on 29 October 2024 at approximately 9:00 EET. A combined live webcast/teleconference for investors, analysts and media will be arranged online on the same day at 11:00 EET. For the webcast, use the link at www.fortum.com/investors. To ask questions, please join the teleconference by registering using the following link: http://palvelu.flik.fi/teleconference/?id=10011769. After the registration you will be provided with phone numbers and a conference ID to

    World’s first biodegradable plastic produced from CO2 emissions in Finland

    FORTUM CORPORATION PRESS RELEASE 15 October 2024, 8.00 EET  Fortum Recycling & Waste, a leading waste management and circular solutions company from Finland, has succeeded in producing biodegradable plastic from carbon dioxide (CO2) emissions from waste incineration at its plant in Riihimäki, Finland. This breakthrough, based on carbon capture and utilization (CCU), is a significant step towards reducing and utilizing industrial carbon dioxide emissions.    According to Tony Rehn, Head of the Carbon2x program, the production of CO2-based plastic provides a new, sustainable raw

    Fortum and Vestas reach settlement related to Russian wind energy projects

    FORTUM CORPORATION PRESS RELEASE 10 October 2024 at 5:30 p.m. EET Fortum and Vestas have reached a settlement in a commercial dispute between the companies. The dispute concerned deliveries of equipment for wind parks in Russia for which Fortum had made advance payments to Vestas. The companies entered the contract before the Russian invasion of Ukraine. The settlement entails that both companies waive past, present and future claims related to the dispute at hand. The financial impact of the settlement will be recorded as items affecting comparability in Fortum’s fourth quarter

    Fortum’s Loviisa nuclear power plant annual outage 2024 completed

    FORTUM CORPORATION PRESS RELEASE 10.10.2024  Both units at Fortum’s Loviisa nuclear power plant are back in production after completion of their annual outages. Unit 2 had a short annual outage that lasted 23 days and ended on 27 August. The extensive four-year outage of Unit 1 lasted 39 days and ended on 9 October. The annual outage of Unit 2 was delayed by 2.5 days. The reason for the delay was the repair work of the fault detected during periodic inspections on the secondary circuit and the additional time required for valve testing. The annual outage of Unit 1 was initially

    Fortum to sell its stakes in the biobased solutions businesses in India

    FORTUM CORPORATION INVESTOR NEWS 23 SEPTEMBER 2024 AT 9:00 EEST Fortum has signed an agreement to sell its 37.4% ownership in Chempolis Oy, including Fortum’s all biobased solutions businesses, and the shares in the holding company owning 40.3% in Assam Bio Ethanol Pvt Ltd in India to the Indian leading energy transition solutions provider AM Green Technology & Solutions B.V. The transaction will not have any material financial impact on Fortum Group’s result. The transactions are subject to certain closing conditions. The divestment of the biobased solutions businesses is part of

    Fortum to launch the savings period for 2025 under its employee share savings programme

    FORTUM CORPORATION STOCK EXCHANGE RELEASE 17 SEPTEMBER 2024 AT 15:25 EEST Release category: Other information disclosed according to the rules of the Exchange Fortum’s Board of Directors has decided to launch the savings period for the year 2025 under its Employee Share Savings (ESS) programme. The ESS programme was established in October 2019 and the Board of Directors decides separately on the annual launch of each individual savings period. The objective of the ESS programme is to motivate Fortum employees to invest in Fortum shares and retain ownership in the company and to align

    Fortum provides expert services for the European Commission's Nuclear Decommissioning Assistance Programme

    FORTUM CORPORATION PRESS RELEASE 16.9.2024 Fortum's Nuclear Services has signed a multi-year framework agreement with The Nuclear Decommissioning Assistance Programme (NDAP), which operates under the European Commission. Fortum’s role is to provide expert reviews and assessments related to the status and progress of European decommissioning programs funded by the EU, specifically the Ignalina (Lithuania), Kozloduy (Bulgaria), and Bohunice (Slovakia) decommissioning programs. The work will be carried out under specific assignments ordered by the European Commission within the framework

    Fortum’s Loviisa nuclear power plant turbine automation to be upgraded

    FORTUM CORPORATION PRESS RELEASE 11.9.2024  Fortum’s Loviisa power plant is upgrading the automation of the turbine protection and control systems of both power plant units. The upgrade is part of the lifetime extension-related investments consisting of continuous improvements to ensure reliable electricity production until the end of the plant's lifetime.  ”The existing turbine protection and control systems are reaching the end of their technical service life, and the availability of spare parts is diminishing. The aim of the automation upgrade project is to ensure the

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