Previous Close | 14.41 |
Open | 14.45 |
Bid | 14.51 x N/A |
Ask | 14.60 x N/A |
Day's Range | 14.45 - 14.45 |
52 Week Range | 10.55 - 14.77 |
Volume | |
Avg. Volume | 37 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Finland's Fortum said on Thursday it had settled a dispute with Denmark's Vestas over advance payments it made for equipment for Russian wind park projects that were terminated due to sanctions. The Finnish state-controlled utility said in April last year it had begun arbitration proceedings against Vestas over "sizeable advance payments" for more than 50 wind turbines it had made to the company for Russian projects. The companies had agreed the contract before Russia's full-scale invasion of Ukraine in 2022, Fortum said.
HELSINKI (Reuters) -Nordic utility Fortum faces cyberattacks on a daily basis in Finland and Sweden and has sometimes spotted drones and suspicious individuals near its sites, its CEO told Reuters, adding the company had asked the authorities to investigate. Security services in Finland and Sweden declined to comment on specific incidents, but both have alleged a pick up in malicious activities by Russia in recent years. Russia's foreign ministry or embassy in Helsinki did not immediately reply to a written request for comment.
Fortum Oyj (FOJCF) navigates a volatile market with strategic divestments and strong financial positioning, despite a dip in operating profit.