Source
Comments
Over half, i.e. about 62% of the purchasing volume, excluding Uniper, was purchased from suppliers operating in Europe, mostly in Finland, Sweden, and Norway. This does not include electricity purchases from the Nordic wholesale market. About 40% of Fortum’s purchases, excluding Uniper, were from countries we classify as “risk countries”. The majority of these purchases were from Russia" (pg. 2)
"Fortum’s operations are mainly based in the Nordic countries, Central Europe, the UK, Russia, and Poland. We employ a diverse team of almost 20,000 energy-sector professionals. Together with Uniper, we are the third largest producer of CO2-free electricity in Europe. Fortum is the largest electricity retailer in the Nordic countries and one of the leading heat producers globally." (Pg 1 and 2)
"Over half, i.e. about 62% of the purchasing volume, excluding Uniper, was purchased from suppliers operating in Europe, mostly in Finland, Sweden, and Norway. This does not include electricity purchases from the Nordic wholesale market. About 40% of Fortum’s purchases, excluding Uniper, were from countries we classify as “risk countries”. The majority of these purchases were from Russia. In 2021, Fortum, excluding Uniper, had about 12,000 suppliers of goods and services. About 1,500 of the suppliers were in risk countries. Excluding the Russia Division’s local suppliers, there were about 500 suppliers in risk countries." (Pg 2)