Energy company – Finland against further Uniper help from Fortum – Economy

Unlike the federal government, the Finnish government gives no hope that Uniper’s majority shareholder Fortum will continue to participate in the rescue measures for the struggling energy company. As Fortum’s majority shareholder, the Finnish government does not see it as possible for the group to invest more in Uniper, said Europe Minister Tytti Tuppurainen, who also oversees Finnish state holdings. The Finnish state holds a good 50 percent of Fortum shares. The group in turn owns around 78 percent of Uniper. Fortum has already provided its German subsidiary with four billion euros in cash and the same amount as guarantees.

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