Ekokem is now Fortum

FORTUM CORPORATION PRESS RELEASE 3 April 2017

Fortum and Ekokem teamed up in 2016 to form a major Nordic circular economy company. Following the successful integration of Ekokem's operations, Ekokem will now also become Fortum. Ekokem's brand will be changed to Fortum from 4 April 2017 onwards.

Fortum's mission is to engage customers and society to drive the change towards a cleaner world, and environmental business operations will be playing a major role in achieving this vision. Fortum works to build smart and sustainable solutions for ensuring the circulation of valuable materials and the removal of harmful substances from the material cycle. With sustainable city solutions as Fortum's strategic priority, the company aims to use its expertise and experience to help cities and industrial customers solve challenges sustainably and to support building a circular economy.

As part of Fortum Group the former Ekokem will form the Recycling and Waste Solutions unit. After the brand change, the unit's daily business will continue as usual. Kalle Saarimaa, VP Recycling and Waste Solutions, comments: "Together as one Fortum we form a strong circular economy player. With our comprehensive waste management, recycling and environmental construction service portfolio, we can now serve our customers even better. We will continue to provide services to our customers as smoothly as before".

Fortum Corporation
Group Communications

Further information and requests for Kalle Saarimaa's interviews:
Virpi Mäenanttila, Communications Manager, City Solutions Finland, virpi.maenanttila@fortum.com, phone +358 50 544 0787

Fortum Recycling and Waste Solutions
Fortum Recycling and Waste Solutions provides environmental management and material efficiency services in the Nordics. We improve our customers’ material and energy efficiency by providing them with recycling, reutilisation, and final disposal solutions, as well as soil remediation and environmental construction services.

Fortum
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com