Finland power firm takes 2.1-bn-euro Russia hit
Due to “geopolitical tensions and uncertainties” tied to its Russian activities, Finnish state-owned utility Fortum said Tuesday it will take a 2.1 billion euro ($2.2 billion) blow. While the energy producer announced in March it would stop all new investments in Russia following Moscow’s invasion of Ukraine, it said current operations would continue there “as normal”. Fortum … Read more