Fortum not happy with Putin

Image: FortumImage: Fortum
The company has formally notified that it objects the unlawful seizure of its Russian subsidiary by the Russian president.

Official Press Release Fortum:

Fortum has formally notified that it objects the unlawful seizure of Russian subsidiary

Fortum has formally notified the administration of the President of the Russian Federation that it strongly objects the Decree No. 302 of 25 April 2023, based on which the Russian State Property Management, Rosimushchestvo, has seized Fortum’s Russian subsidiary PAO Fortum.

With its actions, the Russian Federation has caused the dismissal of PAO Fortum’s CEO and deprived Fortum of its shareholder rights. Fortum’s power plants in Russia are the most modern and efficient in the market, and maintained to high industry standards. Fortum considers Russia’s actions to be a crude violation of international law and of Fortum’s rights as a foreign investor. Fortum is preparing to take all necessary measures to protect its rights under relevant international... ... More: Official Press Release Fortum

Fortum, Russia, subsidiary, seizure, unlawful, shareholder, power plant, violation

Thematically suitable Windfair.net members in the business directory

  • Newlist_logo.engr.wisc
  • Newlist_logo.mersen
  • Newlist_logo.helukabel
  • Newlist_logo.teut
  • Newlist_logo.schraubenwerk
  • Newlist_eno_energy_ogo_claim
  • Newlist_wkn_gmbh_neu
  • Newlist_agile_wind_power_logo1
  • Newlist_wieland_logo_4c_rgb
  • Newlist_hannover_messe_logo
  • Newlist_logo_web_inkl_neuer_url_web.energy
  • Newlist_energiequelle_logo
  • Newlist_kaeufer_logo
  • Newlist_logo.tuev-sued
  • Newlist_jwpa_logo

more results

Keyword Search

© smart dolphin Gmbh 1999 - 2023 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020