Fortum increases its share in Gasum to 31%

01.12.2004

Fortum acquires an additional 6% of the shares in Finnish Gasum Oy thus increasing its stake in the company to 31%.

The shares are bought from a Finnish industrial consortium at a total price of approximately EUR 40 million.

The transaction has been approved by the European Commission and is in line with Fortum's view of gas as a growing energy source in the Nordic power market.


Fortum Corporation
Corporate Communications