Fortum

Company Snapshot

Founded: 1998
Entity Type: Public
Employees: 1,758
Region: Nordics
Revenue: $7,256.4 Millions
Revenue Year: 2023
Headquarter: Espoo, Finland
Key Geographics: Nordics, Poland, Other Countries
Corporate Address: Keilalahdentie 2-4 CD building 02150 Espoo Finland Tel. +358-10-4511 www.fortum.com

Company Overview

Fortum is a Nordic energy company that delivers clean energy and helps industries to decarbonize their processes. The company mainly generates and distributes electricity and heat. The company also deals in battery recycling of LIBs. Its core operations are in Poland, Lithuania, Finland, Estonia and Russia. The company operates through the following business segments: generation, city solutions, and consumer solutions.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

This information is available for BCC Research members only.

Fortum In Reports

Global Electric Vehicle Battery Reuse and Recycling Market

BCC Research Market Analyst says global market for electric vehicle battery reuse and recycling is expected to grow from $8.0 billion in 2024 and is projected to reach $28.1 billion by the end of 2029 at a CAGR of 28.5%.

Electric Vehicle Charging: Infrastructure and Global Markets

BCC Research Market Report for Electric Vehicle Charging Infrastructure market. overview of the global market scenario for EV charging station and services.

Battery Recycling: Global Markets

Global battery recycling market should reach $9.9 billion by 2022 and more than $14.2 billion by 2027, with a CAGR of 7.4% during the forecast period of 2022-27.

Company's Business Segments

  • Generation : This segment includes the business units of Corporate Customers and Markets, Nuclear Generation, Hydro Generation, Renewables, and Decarbonisation.
  • Consumer Solutions : This segment includes the Consumer Solutions business unit.
  • Other Operations : This segment includes the Circular Solutions business unit, innovation and venturing activities, enabling functions, and corporate management.

Applications/End User Industries

  • Energy & Utilities
  • Renewable Energy
  • Nuclear Energy
  • Hydro Energy