Business profile

Fortum Oyj

Fortum Oyj's registered office is Esbo. It is a public limited company. The company was established on 1998-02-07. It operates in the industry of activities of head offices. In its latest retained statement for 2025-12-31, revenue was €177,224,885 and operating profit was -€30,000,000.

Claim profile Contact details

Business ID 1463611-4ValidUnclaimed company profile

Trusted core data

Public company details from the trade register.

Business ID: 1463611-4
Sector: Activities of head offices
Municipality: Esbo
Company form: Public limited company
Registration date: 1998-02-07
Business ID registration date: 1998-04-27
Business status: Valid
Profile ownership: Unclaimed company profile

Contact and location summary

Visiting address: Keilalahdentie 2-4, 02150, Esbo

Postal address: P.O. Box 100, 00048, Fortum

Website: https://www.fortum.fiSource observation

Youtube profile: https://www.youtube.com/user/fortumSource: company website

X profile: https://x.com/fortumSource: company website

Linkedin profile: https://www.linkedin.com/company/fortumSource: company website

People and decision-makers

Didrik OttesenPublic Affairs Manager, Norway

Email: Email available for logged-in usersSource: company website

Jens BjöörnSenior Public Affairs Manager, Sweden

Email: Email available for logged-in usersSource: company website

Tuula GregorySenior Public Affairs Manager, Finland

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Battiste MurgiaDecision-maker

Email: Email available for logged-in usersSource: company website

Sara ViitanenEU Manager

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Anne Malorie GéronDirector

Email: Email available for logged-in usersSource: company website

Piia TohijärviDecision-maker

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Piia SiukonenManager, Corporate Public Affairs

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Maarit PihlajaniemiDirector

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Fredrik BlomfeltSenior Manager, ESG

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Kari KankaanpääDirector

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Merja PaavolaDecision-maker

Email: Email available for logged-in usersSource: company website

Phone: Phone available for logged-in usersSource: company website

Public AffairsDirector

Phone: Phone available for logged-in usersSource: company website

Direct contact details available for logged-in usersSome person-level contact details are shown only to registered users. The data is based on public sources, such as the company's own website.Log in to view decision-maker contact details

About Fortum Oyj

Financial position and key figures for the company.

Fortum Oyj's location municipality is Esbo. It is a public limited company. The company was established on 1998-02-07. It operates in the industry of activities of head offices. In its latest retained statement for 2025-12-31, revenue was €177,224,885 and operating profit was -€30,000,000. The latest retained financial statement for 2025-12-31 shows revenue of €177,224,885 and profit for the financial year of €253,472,257. Based on the latest retained statement, revenue growth was +1.1%, operating margin was -16.9%, and equity ratio was +62.0%.

Auxiliary business names

Public alternate names materialized from source observations.

Fortum AbpFortum CorporationIVO-Neste GroupIVO-Neste Yhtymä

Financial highlights

Key figures from the latest financial period.

Latest financial period

2025-12-31

Imported periods0

PRH parsed0

Profile sourceSource observation

Derived indicators

Revenue growth1.1%

Operating margin-16.9%

Equity ratio62.0%

Revenue€177,224,885+€2,011,395 (+1.1%) vs previous periodPrevious: €175,213,490

Operating profit (loss)-€30,000,000-€2,300,000 (-8.3%) vs previous periodPrevious: -€27,700,000

Profit (loss) for the financial year€253,472,257-€1,153,299,987 (-82.0%) vs previous periodPrevious: €1,406,772,244

Assets€20,390,251,046-€1,620,584,568 (-7.4%) vs previous periodPrevious: €22,010,835,614

Balance-sheet contextLatest financial period

Employees567Previous: No comparison value

Revenue trend5 periods

€139,000,000

2021-12-31

€150,270,878

2022-12-31

€144,713,777

2023-12-31

€175,213,490

2024-12-31

€177,224,885

2025-12-31

Operating profit (loss) trend5 periods

-€41,400,000

2021-12-31

-€43,418,572

2022-12-31

-€53,202,149

2023-12-31

-€27,700,000

2024-12-31

-€30,000,000

2025-12-31

Profit (loss) for the financial year trend5 periods

€1,816,000,000

2021-12-31

€1,542,734,239

2022-12-31

€1,922,872,686

2023-12-31

€1,406,772,244

2024-12-31

€253,472,257

2025-12-31

Assets trend5 periods

€28,107,000,000

2021-12-31

€30,305,438,341

2022-12-31

€24,654,834,706

2023-12-31

€22,010,835,614

2024-12-31

€20,390,251,046

2025-12-31

Additional financial figures

The company's financial figures across different years.

Revenue 2025€177,224,885

Profit for the financial year 2025€253,472,257

Balance sheet total 2025€20,390,251,046

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	€177,224,885	€175,213,490	€144,713,777	€150,270,878	€139,000,000	-	-	-	-	-
Revenue growth	1,2 %	21,1 %	-3,7 %	8,4 %	-	-	-	-	-	-
Operating profit	-€30,000,000	-€27,700,000	-€53,202,149	-€43,418,572	-€41,400,000	-	-	-	-	-
EBIT margin	-16,9 %	-15,8 %	-36,8 %	-28,9 %	-29,8 %	-	-	-	-	-
Profit for the financial year	€253,472,257	€1,406,772,244	€1,922,872,686	€1,542,734,239	€1,816,000,000	-	-	-	-	-
Taxable income	-	€519,895,507	€206,888,753	€328,427,508	€182,558,647	€160,458,670	€182,219,579	€26,812,435	€31,870,876	€43,989,259
Income tax	-	€103,841,313	€41,144,910	€65,444,111	€36,297,252	€32,084,929	€36,398,087	€5,309,255	€6,332,442	€8,757,823
Income after tax	-	€416,054,194	€165,743,844	€262,983,397	€146,261,395	€128,373,741	€145,821,491	€21,503,180	€25,538,434	€35,231,435
Profit before taxes	-	-	€1,755,705,840	€1,585,755,846	-	-	-	-	-	-
Equity ratio	62 %	62 %	53,9 %	40,2 %	41,3 %	-	-	-	-	-
Balance sheet total	€20,390,251,046	€22,010,835,614	€24,654,834,706	€30,305,438,341	€28,107,000,000	-	-	-	-	-
Employees	567	-	459	410	-	-	-	-	-	-

Financial ratios

Financial ratios based on financial statement data. Source: Lähdehavainto.

Equity ratioGood

78/100 · Stable

62.0 %2024-12-31: 62.0 %

Current ratioGood

100/100 · Declining

3.18x2024-12-31: 10.20x

Operating profit marginWeak

8/100 · Declining

-16.9 %2024-12-31: -15.8 %

Ratio history

Ratio	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Equity ratio	41.3 %	40.2 %	53.9 %	62.0 %	62.0 %
Current ratio	1.15x	0.97x	3.55x	10.20x	3.18x
Operating profit margin	-29.8 %	-28.9 %	-36.8 %	-15.8 %	-16.9 %

Registry status and identifiers

Current registry information and identifiers based on YTJ data.

YTJ statusValid

Trade RegisterRegistered

Business ID1463611-4

VAT IDFI14636114

EU IDFIFPRO.1463611-4

MunicipalityEsbo

Current registered entries

1998-02-07Registered in Patent and Registration Office (Trade Register)

1998-04-20VAT-liable for business activity in Tax Administration (VAT Register)

1998-04-27Registered in Tax Administration (Prepayment Register)

1998-04-27Registered in Tax Administration (Tax Administration)

1998-05-01Registered in Tax Administration (Employer Register)

2003-02-20VAT-obliged for the transfer of rights to use immovable property in Tax Administration (VAT Register)

Responsible people

Public role relationships materialized from source observations.

Direct contact details available for logged-in users.

Markus RauramoToimitusjohtajaSources: 3 · Confidence: 99%

Mikael SilvennoinenHallitus: puheenjohtajaSources: 1 · Confidence: 76%

Bruno Amaro Dias De AlmeidaVP, IT OperationsSources: 1 · Confidence: 76%

Oskari Ilmari LehtoDirector, Business Control & Energy Management, Consumer Customers, Consumer SolutionsSources: 1 · Confidence: 76%

Christian Lloyd GrannesCloud Architect | Business Technology | IT Platform ServicesSources: 1 · Confidence: 76%

Mika Kristian RainemaaDirector Corporate Real EstateSources: 1 · Confidence: 76%

Jonas GustavssonHallituksen jäsenSources: 2 · Confidence: 99%

Ralf ChristianHallituksen jäsenSources: 2 · Confidence: 99%

Stefanie KestingHallituksen jäsenSources: 2 · Confidence: 99%

Marita NiemeläHallituksen jäsenSources: 2 · Confidence: 99%

Vesa-Pekka TakalaHallituksen jäsenSources: 2 · Confidence: 99%

Mika AnttonenHallituksen jäsenSources: 2 · Confidence: 99%

Luisa DelgadoHallituksen jäsenSources: 1 · Confidence: 99%

Emmanuelle Verger-ChabotiaHallituksen jäsenSources: 1 · Confidence: 99%

Johan SöderströmHallituksen jäsenSources: 1 · Confidence: 99%

Mikael SilvennoinenHallituksen jäsenSources: 1 · Confidence: 99%

Kirsi JantunenPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%

Risk certificate

An open-data based company stability and risk signal.

BUSINESS.fi

BUSINESS.fi Luottoluokitus

Profile-specific risk signal based on open data

Automatic gradeNot a credit decision

A3

GoodFortum Oyj

Grade unchangedA3 · new analysis 2026-11-06

Model score71/100

Assessment confidenceHigh

Evidence qualityStrong financial evidenceFinancial data included

Financial trajectoryFinancial development is mostly stable or mixed.

4 comparable periods

RevenueImproving

ProfitabilityImproving

SolvencyImproving

LiquidityVolatile

Peer comparisonSame industryDescriptive comparison – does not change the model score.

940 peers

Solvency42%

Below 58% of peers

Profitability18%

Below 82% of peers

Liquidity78%

Better than 78% of peers

Revenue growth72%

Better than 72% of peers

Supporting factors

Strong equity ratio
Healthy short-term liquidity
Company context reduces the weight of an isolated financial signal

Risk factors to note

Negative profitability or net result

Rating historyAutomatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.

3 assessments

A3

2026-11-0671/100 · v0.15

A3 → A3 · -3 points

Revenue: Not enough history → Improving
Profitability: Not enough history → Improving
Solvency: Not enough history → Improving

A3

2026-10-1874/100 · v0.15

A3 → A3

A3

2026-09-2174/100 · v0.14

Oldest retained automatic assessment in this comparison

Automatic model gradeA3

Automatic model snapshot2026-11-06

Automatic model versionopen-risk-grade-v0.15

Financial data included

The grade can use open digital financial statement data together with registry signals.

Verify assessment

Risk context

When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.

Industry riskmedium

59/100

Industry context is medium based on normalized open statistical inputs.

Age and continuityVakiintunut

90/100

The company has about 28 years of registry continuity.

Registry and status signalsVakaa

87/100

Registry history, filing recency, and active register markings are still limited or mixed.

Events & news

Verified events and sourced external company news in one timeline.

Fortum announces the delisting of Elmera from Euronext Oslo BørsNews

6 Nov 2026 · OAM.fiOpen original source

Fortum tiedottaa Elmeran poistumisesta Euronext Oslo Børs -pörssilistaltaNews

6 Nov 2026 · OAM.fi · 2 source documentsOpen original source

Representation-rights registry eventRegistryEvidence verified

5 Nov 2026 · PRH / KREKPROCURATION RIGHTS

Fortum toteutti Elmera Group ASA:n jäljellä olevien osakkeiden pakollisen lunastuksen ja omistaa nyt 100 % yhtiöstäNews

30 Oct 2026 · OAM.fi · 2 source documentsOpen original source

Fortum carried out a compulsory acquisition of the remaining shares in Elmera Group ASA and owns 100% of the companyNews

30 Oct 2026 · OAM.fiOpen original source

Fortum Corporation: Managers' transactions - Simon-Erik OllusNews

30 Oct 2026 · OAM.fiOpen original source

Fortum Corporation: Managers' transactions - Karin Svenske NybergNews

30 Oct 2026 · OAM.fiOpen original source

Fortum Corporation: Managers' transactions - Markus RauramoNews

30 Oct 2026 · OAM.fiOpen original source

Fortum Oyj: Johtohenkilöiden liiketoimet - Karin Svenske NybergNews

30 Oct 2026 · OAM.fi · 2 source documentsOpen original source

Fortum Corporation: Managers' transactions - Mikael LemströmNews

30 Oct 2026 · OAM.fiOpen original source

Registry timeline

Trade register notifications shown on a timeline.

69 register eventsLatest event: 2026-11-05

Profile source and ownership

Profile based on public registry data

BUSINESS.fi has created this profile from public company information. Source data updated 2026-04-02.

This company profile has not been claimed yet

Fortum Oyj shows public core facts. A company representative can claim the profile, update public information, and access owner tools.