Fortum to write off Russian assets – Kommersant
[ad_1]
Finnish Fortum will write off its Russian assets for €1.7 billion and deconsolidate the Russian segment. This is stated in statement companies. Earlier, the company’s assets in Russia came under the control of the Federal Property Management Agency.
“Since the spring of last year, we have consistently tried to leave the Russian market and unsuccessfully applied for permission to sell products to both Russian and international buyers. Justifying the seizure of our assets by the need to protect Russia’s energy security is just a cover, ”President and CEO Marcus Rauramo is quoted in a press release as saying.
The news is being added.
[ad_2]
Source link
