Support The Moscow Times!

Rosatom Signs With Finland

HELSINKI — Fortum and Russian nuclear agency Rosatom have signed a cooperation agreement for international nuclear markets, the Finnish energy company said Friday.

Fortum spokeswoman Anne Brunila said the companies planned to apply “their nuclear competencies in future nuclear power projects,” although she said they have no concrete projects  yet.

Fortum, half-owned by the Finnish government, is a leading power company in the Nordic region, with operations in Russia, Poland and the Baltic states. Earlier this year became the second-largest owner of Russian utility TGC-1, with a 25 percent stake.

Rosatom has built Fortum’s two 500-megawatt reactors situated in Loviisa, on Finland’s southern coast.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.