10 Nov 2022 13:30

Fortum cannot provide exact timeframes thus far for selling its business in Russia - CEO

MOSCOW. Nov 10 (Interfax) - Finland's Fortum energy concern cannot thus far name an exact date for the sale of its assets in Russia, CEO Markus Rauramo said during a conference call with analysts and investors.

Rauramo recalled that the company would need to obtain permission from the Russian authorities in order to conclude a potential deal.

"We cannot provide an exact timeline. We are doing our part," Rauramo said.