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Last €15.90 EUR
Change Today -0.30 / -1.85%
Volume 1.3M
As of 11:30 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

fortum oyj (FUM1V) Snapshot

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Day High
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52 Week High
03/13/15 - €21.36
52 Week Low
06/30/15 - €15.89
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for FORTUM OYJ (FUM1V)

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fortum oyj (FUM1V) Details

Fortum Oyj, together with its subsidiaries, engages in the generation, distribution, and sale of electricity and heat; and provision of energy-related expert services in the Nordic countries, the Russian Federation, and the Baltic Rim area. The company operates in four segments: Power and Technology; Heat, Electricity Sales, and Solutions; Russia; and Distribution. It is involved in hydro, nuclear, and thermal power generation; power solutions with expert services; and portfolio management and trading activities. The company also engages in the combined heat and power production, district heating and cooling activities, and business to business heating solutions, solar business, and electricity sales and related customer offerings; and power and heat generation, as well as heat distribution activities in Russia. In addition, it owns and operates distribution and regional networks. The company serves 0.9 million electricity distribution customers in Sweden; and 1.3 million private and business customers in the Nordic countries. Fortum Oyj is headquartered in Espoo, Finland.

7,977 Employees
Last Reported Date: 04/29/15

fortum oyj (FUM1V) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

fortum oyj (FUM1V) Key Developments

Fortum Ready To Buy Minority Stake In Fennovoima Nuclear Project

Fortum Oyj (HLSE:FUM1V) is negotiating on the restructuring of the territorial generating company, OOO TGC-1-Service. The negotiations have not, however, come to conclusions, that would make it possible for Fortum to decide on its participation in the Fennovoima nuclear power project, Fortum said. Should the negotiations proceed later, and Fortum received the majority ownership in TGC-1 hydro assets, Fortum would still be ready to participate with a minority share (maximum 15 percent) in the Finnish Fennovoima nuclear power project on the same terms and conditions as the other Finnish companies currently participating in the project. It is not possible to estimate the negotiations schedule, Fortum says.

Vasakronan Chooses Fortum Charge & Drive Solution for Operating its Electric Vehicle Charging Infrastructure

Vasakronan has chosen Fortum's Charge & Drive business system for operating their electric vehicle charging infrastructure. By choosing Charge & Drive Vasakronan will meet their customers' expectations of a user friendly solution for electric vehicles. Vasakronan estimates that at least 100 parking spaces for EV:s, including 3-5 quick chargers will be installed during 2015. The expansion will continue in 2016. The agreement enables Vasakronan a simple way to operate their charging infrastructure. Smart charging solutions are already becoming a part of the service solutions tenants expect on the commercial property market. Fortum will supply the cloud-based Charge & Drive system, which provides solutions for managing the customer experience, infrastructure and charging business.

CNNC Reportedly May Bid For Slovenske Elektrarne

China National Nuclear Corporation (CNNC) may participate in bidding for Slovenské Elektrárne A.S. Reporters learnt that CNNC has invited financial advisor and kicking off due diligence investigation. CNNC is uncertain whether to bid through China National Nuclear Power Co., Ltd. (SHSE: 601958). Enel SpA (BIT:ENEL) plans to sell stake in Slovenské Elektrárne and additionally plans to sell off assets worth €5 billion within five years to reduce debts. So far, ENEL has received three offers from Energeticky a Prumyslovy Holding, a.s., Fortum Oyj (HLSE:FUM1V) and consortium from Hungary.


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FUM1V:FH €15.90 EUR -0.30

FUM1V Competitors

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Polskie Gornictwo Naftowe i Gazownictwo SA 6.58 PLN -0.19
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Industry Average

Valuation FUM1V Industry Range
Price/Earnings 4.8x
Price/Sales 3.2x
Price/Book 1.4x
Price/Cash Flow 8.4x
TEV/Sales 0.9x

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