Fortum : The Grinch
>The context around a new tax in Finland - While the market indications suggested that the work on a special tax on energy producers in Finland had not officially been launched, a working group under the aegis of the Finnish finance ministry yesterday presented a text on a windfall tax for energy groups. The companies were not consulted on this document, which is why a swift period of consultation is planned until Monday 12 December. Several stakeholders are invited t...Fortum is an energy company. Co.'s operations are organised in five divisions: Hydro Power and Technology and Nuclear and Thermal Power, which are engaged in its hydro, nuclear and thermal power generation, services, portfolio management and trading as well as technology and research and development functions; Heat, Electricity Sales and Solutions, which consists of Co.'s combined heat and power production, district heating and business-to-business heating solutions, solar business, electricity sales and related customer offering; Russia, which consists of power and heat generation as well as heat distribution in Russia; and Distribution, which focuses on distribution activities in Sweden.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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