Espoo, Finland, 2011-11-02 10:30 CET (GLOBE NEWSWIRE) -- PRESS RELEASE 2 November 2011
A key element in Fortum's strategy is the pursuit of new growth opportunities particularly in fast growing markets. As a part of this strategy implementation, Fortum is establishing an office in India to evaluate and develop concrete growth initiatives. Maria Paatero-Kaarnakari, SVP Corporate Strategy and R&D, will be responsible for the preparations related to the establishment of the India office. The goal is to launch the office in Delhi early in 2012.
Fortum Corporation
Corporate Communications
Additional information:
Maria Paatero-Kaarnakari, SVP, Corporate Strategy and R&D, tel. +358 10 452 5034 or +358 50 452 5034
Fortum
Fortum's purpose is to create energy that improves life for present and future generations. We provide sustainable solutions that fulfil the needs for low emissions, resource efficiency and energy security, and deliver excellent value to our shareholders. Our activities cover the generation, distribution and sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia and Baltic Rim area. In the future, the integrating European and fast-growing Asian energy markets provide additional growth opportunities. In 2010, Fortum’s sales totalled EUR 6.3 billion and comparable operating profit was EUR 1.8 billion. We employ approximately 10,500 people. Fortum’s shares are quoted on NASDAQ OMX Helsinki.
Further information: www.fortum.com