HELSINKI, 8-6-2015 — /EuropaWire/ — Fortum has today completed the divestment of its Swedish electricity distribution business, which was announced on 13 March 2015. The transaction has all the necessary regulatory approvals and the customary closing conditions have been met. The total consideration … Read the full press release
Additional investment further supports the competitiveness of the Grangemouth site as INEOS begins construction of its new £300 million ethane terminal. Rolle, Switzerland, 7-10-2014 — /EuropaWire/ — INEOS Industries Holdings Ltd has agreed to acquire the Combined Heat and Power … Read the full press release
Helsinki, Finland, 21-5-2014 — /EuropaWire/ — Fortum has signed an agreement with Rolls-Royce about the modernisation of automation at its Loviisa nuclear power plant in Finland. The parties have agreed not to disclose the value of the agreement. The modernisation will be carried … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Technology
Tagged Finland, Fortum, Loviisa Nuclear Power Plant automation, Rolls-Royce, Tiina Tuomela
Helsinki, Finland, 21-5-2014 — /EuropaWire/ — Fortum and Areva-Siemens Consortium have agreed on discontinuation of the current automation modernisation project agreement. Areva-Siemens Consortium will complete the ongoing agreed and resized work in cooperation with Fortum. Fortum is convinced that a new solution to continue the … Read the full press release
Hayle, UK, 28-2-2014 — /EuropaWire/ — Finnish multi-national utilities firm Fortum has signed an agreement to secure a berth at Wave Hub, the offshore renewable energy test facility in Cornwall, it was announced today. The leasing agreement gives Fortum the opportunity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Infrastructure & Utilities, United Kingdom
Tagged advanced full scale wave power converters, berth, Chris Pomfret, Cornwall, Finnish multi-national utilities firm, Fortum, giant ‘socket’ on the seabed, grid network onshore, Hayle, Heli Antila, Jason Clark, Michael Fallon, Nordic utilities giant, offshore renewable energy, offshore renewable energy test facility, UK Department for Business Innovation and Skills, Wave Hub, Wave Hub Limited
Helsinki, Finland, 28-2-2014 — /EuropaWire/ — Fortum is carrying out extensive refurbishment of two of the Imatra hydropower plant’s seven units. The refurbishment will increase the capacity of the power plant to 192 megawatts and will improve safety and reliability. After … Read the full press release
Helsinki, Finland, 28-2-2014 — /EuropaWire/ — Fortum has signed a leasing agreement with the UK-based Wave Hub in order to test wave power solutions off the coast of Cornwall. The agreement provides Fortum with a new opportunity to rapidly deploy advanced, full-scale wave power converters … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Infrastructure & Utilities, United Kingdom
Tagged emissions-free energy, Finnish wave power company Wello, Fortum, Heli Antila, inexhaustible energy, leasing agreement, off the coast of Cornwall, renewable energy sources, solar economy, UK-based Wave Hub, Wave Hub, wave power, wave power converters, wave power solutions
Bremen, Germany, 17-1-2014 — /EuropaWire/ — wpd europe GmbH buys the wind farm project Tohkoja, situated on Finland’s west coast, from Finnish energy provider Fortum. wpd is planning the project with up to 26 wind turbines and an overall capacity of up … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Investment
Tagged acquisition, Fortum, Helge Rau, Jokela, Kalajoki, Mäkikangas, Tohkoja, wind farm, wind farm project, wpd europe GmbH
Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy, which is owned by a consortium of Finnish pension funds Keva (12.5%) and LocalTapiola Pension (7.5%) together with international … Read the full press release
Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has completed the assessment of the future alternatives of its electricity distribution business that was launched in January 2013. After thorough consideration, the company has concluded that divesting the electricity distribution business is the best solution … Read the full press release
05-9-2013 — /EuropaWire/ — Rolls-Royce has been awarded a nuclear engineering services contract by Rosatom, the Russian state-owned nuclear company. In a separate agreement, Rolls-Royceannounced that it will collaborate with Rosatom and Finnish nuclear utility company Fortum on an initial project to assess the … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Russia, United Kingdom
Tagged 'Generation III+ VVER' nuclear reactor technology, Finnish nuclear utility company Fortum, Fortum, Jason Smith, Michael Fallon, nuclear company, nuclear engineering, nuclear engineering services, nuclear engineering services contract, Rolls-Royce, ROSATOM, y Russian state-owned nuclear company
28-8-2013 — /EuropaWire/ — Maintpartner Finland and Fortum have signed a three-year operation and maintenance agreement regarding Fortum’s hydropower plants in the Oulujoki and Imatra regions. Under the agreement, the local operation and maintenance personnel of Fortum’s hydropower plants will transfer to … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Baltic Sea region, CapMan, Fortum, Fortum's hydropower plants, hydropower operation and maintenance outsourcing contract, hydropower plants, Imatra, industrial maintenance, Juha Lepikko, Maintpartner, Maintpartner Finland, Maintpartner Oy, Oulujoki
28-8-2013 — /EuropaWire/ — Fortum and Maintpartner have signed a three-year operation and maintenance agreement regarding Fortum’s hydropower plants in the Oulujoki and Imatra regions of Finland. Under the agreement, the local operation and maintenance personnel of Fortum’s hydropower plants will transfer … Read the full press release
4-7-2013 — /europawire.eu/ — Fortum commends today’s voting result in the European Parliament whereby the amendment of the emissions trading directive regarding backloading was adopted with votes 346-308. The voting result means a temporary withdrawal of 900 million allowances from the market in 2013-2015. … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Finland
Tagged Fortum, Helsinki, Markus Rauramo
3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton. The sales price is approximately EUR 37 million. The divestment is in line with Fortum’s aim to strengthen its strategic … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Norway
Tagged acquisition, divestment, Fortum, fund, Infratek ASA, Triton, Triton funds
3-7-2013 — /europawire.eu/ — Fortum has agreed to acquire district heat operations in the city of Tartu in Estonia from the Estonian district heat company Eraküte. The district heating network accounts for approximately 20% of the whole Tartu network and is the fastest … Read the full press release
Posted in Business, Energy, Gas & Oil, Estonia, Financial, Finland, Infrastructure & Utilities, Investment
Tagged acquired, acquisition, Eraküte, Estonia, Fortum, heat operations, Tartu
2-7-2013 — /europawire.eu/ — The Swedish State is planning to increase the real-estate tax for hydropower as of 2013. The tax is based on the production volumes and according to preliminary information, it will increase the share of tax from the … Read the full press release
Posted in Business, Energy, Gas & Oil, European Union, Financial, Finland, Government, Law, Sweden
Tagged Fortum, Helsinki, hydropower, Reijo Salo
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions.
HOW TO GET STARTED?
PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
