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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

21.49EUR
19 Sep 2018
Change (% chg)

€-0.36 (-1.65%)
Prev Close
€21.85
Open
€21.87
Day's High
€21.89
Day's Low
€21.44
Volume
1,843,345
Avg. Vol
1,377,322
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€22.91
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€15.93

Latest Key Developments (Source: Significant Developments)

Fortum CEO Says Proposed Uniper Probe Is A Matter Of Private Discussion Between The Companies
Thursday, 19 Jul 2018 

July 19 (Reuters) - Fortum Oyj ::FORTUM CEO SAYS WILL NOT COMMENT THE PROPOSAL REGARDING A SPECIAL AUDIT IN UNIPER, SAYS IT IS A MATTER OF PRIVATE DISCUSSION BETWEEN FORTUM AND UNIPER.  Full Article

Fortum CEO Says Questions Whether Fortum Could Increase Stake In Uniper Are "Hypothetical"
Thursday, 19 Jul 2018 

July 19 (Reuters) - Fortum Oyj ::FORTUM CEO SAYS ALL QUESTIONS WHETHER FORTUM WOULD FURTHER INCREASE STAKE IN UNIPER ARE HYPOTHETICAL, CITES RUSSIAN REGULATORY LIMITATION FOR THE OWNERSHIP.  Full Article

Fortum Wins Right To Build 250 MW Solar Power Plant In India
Friday, 29 Jun 2018 

June 29 (Reuters) - Fortum Oyj ::FORTUM WON THE RIGHT TO BUILD 250 MW SOLAR POWER PLANT IN INDIA.SAYS COMMISSIONING OF PLANT IS EXPECTED IN Q3 OF 2019.SAYS CAPITAL EXPENDITURE IS ESTIMATED TO BE APPROXIMATELY EUR 120 MILLION AND SOLAR PARK WILL BE ENTITLED TO A FIXED TARIFF OF 2.85 INR/KWH FOR 25 YEARS. FORTUM ALREADY HAS A 100 MW OPERATING.  Full Article

EDF Signs Series Of Agreements During World Nuclear Exhibition
Thursday, 28 Jun 2018 

June 28 (Reuters) - EDF ::EDF HAS SIGNED A SERIES OF AGREEMENTS TO FORMALIZE COOPERATION WITH EUROPEAN INDUSTRIAL PARTNERS.PARTNERSHIP AGREEMENT WITH VEOLIA TO DEVELOP THE TREATMENT OF RADIOACTIVE WASTE.AGREEMENT WITH ORANO TO PROPOSE A JOINT SERVICE OFFER FOR DECOMMISSIONING OF MONJU REACTOR IN JAPAN.ACQUISITION OF OREKA SOLUTIONS, START-UP SPECIALIZING IN DIGITAL TECHNOLOGY FOR DISMANTLING NUCLEAR POWER PLANTS.AGREEMENT WITH FORTUM TO DEVELOP COMMON OFFERS FOR DECOMMISSIONING AND MANAGEMENT OF RADIOACTIVE WASTE IN NORDIC MARKET.PARTNERSHIP AGREEMENT WITH SOGIN, PUBLIC COMPANY IN CHARGE OF DECONSTRUCTION AND WASTE MANAGEMENT IN ITALY.AGREEMENT WITH CEA ON THE DEVELOPMENT OF COMMON DIGITAL STANDARDS AND TOOLS.AGREEMENT ESTABLISHING THE BASIS FOR COOPERATION ON THE DISMANTLING OF GRAPHITE REACTORS WITH THE NUCLEAR DECOMMISSIONING AUTHORITY IN UK.  Full Article

E.ON says completes sale of stake in Uniper to Fortum
Tuesday, 26 Jun 2018 

June 26 (Reuters) - E.On Se ::SUCCESSFULLY COMPLETED THE SALE OF ITS 46.65 PERCENT STAKE IN UNIPER SE TO FORTUM CORPORATION.IN TOTAL, E.ON RECEIVED APPROXIMATELY €3.8 BILLION FROM THE TRANSACTION FOR ITS REMAINING SHARES IN UNIPER.  Full Article

BRIEF-Fortum To Appeal Court Decision On Swedish Hydro Real Estate Tax
Thursday, 14 Jun 2018 

Repeats to additional subscribers:FORTUM TO APPEAL COURT DECISION ON SWEDISH HYDRO REAL ESTATE TAX.SAYS DISPUTED AMOUNT INCLUDING INTEREST FOR TIME PERIOD TOTALS APPROXIMATELY SEK 520 MILLION (APPROXIMATELY EUR 50 MILLION).  Full Article

Elite Alfred Berg Announces Partnership With Fortum And UK Climate Investments
Friday, 8 Jun 2018 

June 8 (Reuters) - Elite Varainhoito Oyj ::ELITE ALFRED BERG TO LAUNCH INDIAN SOLAR FUND, AND ANNOUNCES PARTNERSHIP WITH FORTUM AND UK CLIMATE INVESTMENTS.TRANSACTION WILL ALLOW ELITE ALFRED BERG TO LAUNCH AN INDIAN SOLAR POWER FUND.  Full Article

Fortum: Regulatory Decisions In Russia On Uniper Investment Possibly Delayed
Thursday, 24 May 2018 

May 24 (Reuters) - Fortum Oyj ::REGULATORY DECISIONS IN RUSSIA ON FORTUM'S UNIPER INVESTMENT POSSIBLY DELAYED.HAS COME TO FORTUM'S ATTENTION THAT RUSSIAN LAWS CONCERNING OFFSHORE AND FOREIGN STATE OWNERSHIP IN RUSSIAN COMPANIES WILL BE AMENDED.THIS MAY HAVE AN IMPACT ON TIMING WHEN FORTUM RECEIVES FORMAL REGULATORY DECISIONS FOR ITS INVESTMENT IN UNIPER IN RUSSIA.  Full Article

Fortum AGM Confirms Dividend Of 1.10 Euros Per Share
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Fortum Oyj ::SAYS ‍ANNUAL GENERAL MEETING DECIDED THAT A DIVIDEND OF EUR 1.10 PER SHARE BE PAID FOR FINANCIAL YEAR THAT ENDED ON 31 DECEMBER 2017​.  Full Article

Fortum Says Uniper Bid To Continue On January 20
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Fortum Oyj ::THE INITIAL ACCEPTANCE PERIOD FOR FORTUM'S OFFER TO UNIPER SHAREHOLDERS ENDS.SAYS ‍ON 19 JANUARY 2018, FORTUM WILL PUBLISH TOTAL AMOUNT OF SHARES TENDERED UNTIL NOW.UNIPER SHAREHOLDERS WHO HAVE NOT TENDERED THEIR SHARES TO THE OFFER WITHIN THE INITIAL ACCEPTANCE PERIOD CAN STILL TENDER DURING THE ADDITIONAL ACCEPTANCE PERIOD PRESUMABLY BEGINNING ON 20 JANUARY 2018 AND ENDING ON 2 FEBRUARY 2018.FORTUM EXPECTS TO PUBLISH THE TOTAL AMOUNT OF SHARES TENDERED ON 7 FEBRUARY.SAYS OFFER IS STILL SUBJECT TO COMPETITION AND REGULATORY APPROVALS.FORTUM EXPECTS TO FINALISE THE TRANSACTION IN MID-2018.  Full Article

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