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Fortum
Halved profit for Fortum
The Finnish energy company Fortum reports an operating profit of 123 million euros (approximately 1. 4 billion kronor) for the third quarter of the year.
Electricity may become three times more expensive this winter
Electricity can become really expensive in the winter when the new system for electricity transmission is introduced. Almost three times higher electricity prices can be the consequence, show test runs.
Telecom Company Pauses Collaboration with Telecom Service Company
More and more companies are choosing to temporarily suspend their collaboration with the criticized Effective Communication following the revelations about how the telecom company conducted sales of the Social Democratic Party's lottery tickets. Now, both Tele2 and Telia have decided to pause their collaboration with Effective Communication.
Energy Company Pauses Collaboration with Telecom Company
The energy company Fortum is pausing its collaboration with the criticized Effective Communication following reports on how the telecom company has conducted sales of the Social Democratic Party's lottery tickets. "Given the additional information that has emerged about Effective Communication over the weekend, Fortum will pause its collaboration with the company with immediate effect", writes the company's press service in a statement to TT.
Nvidia new small investor favorite – overtakes Tesla
The AI-hype's big winner, American Nvidia, has ahead of this evening's quarterly report surpassed Tesla as the largest US stock among online broker Nordnet's customers. Now Nvidia is the ninth most owned on the entire platform, says Nordnet's savings economist Frida Bratt.
Fortum exceeds expectations
Finnish energy giant Fortum reports an operating profit of 240 million euros for the second quarter. It was lower than the same period the year before, but higher than the 194.
Vattenfall: Unclear if 80 öre is enough
The potential nuclear power plant builders, Vattenfall and Fortum, are of course positive to the proposal that the state takes a large part of the risk. However, whether the price guarantee of 80 öre per kWh is sufficient is uncertain.
Fortum released cyanide into the water for months
High levels of the toxic substance cyanide have been released into the water from Fortum's Waste Solutions facility in Kumla for several months, according to [P4 Örebro](https://sverigesradio. se/artikel/fortum-slappte-ut-cyanid-i-vattnet-pagick-i-flera-manader).
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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