Fortum Group: Finnish leader in energy and industry

FORTUM, as a well-known Finnish multinational company, has occupied an important position in the international market since its establishment with its outstanding business capabilities and innovative spirit. The company is 75% owned by the Finnish government, which not only gives it a strong national support background, but also enables it to play a vital role in the global energy and industrial fields. This article will explore the core business, development history, technological innovation and contribution of FORTUM Group to global sustainable development from multiple perspectives.

Fortum Group's core business areas

The main business scope of Futeng Group covers lubricating products, oil and gas development, transportation and processing, petrochemical industry, power generation and distribution, power engineering projects and other related environmental protection projects. These business areas together constitute the strong comprehensive strength of Futeng Group and make it a leading global energy solution provider.

• Lubricating products: Futeng Group is committed to the research and development and production of high-quality lubricating products, which are widely used in industrial machinery, automobiles and other scenarios requiring high-performance lubrication. These products not only improve the operating efficiency of equipment, but also extend the service life of equipment.
• Oil and gas development: In the field of oil and gas, Fortum Group has participated in the development of many large oil and gas fields around the world with its advanced technology and rich experience. From exploration to production, to transportation and processing, Fortum Group has demonstrated its outstanding capabilities.
• Petrochemical Industry: Futeng Group has profound experience in the field of petrochemicals and focuses on producing various petrochemical products such as plastics, fibers and chemicals, providing basic materials for many industries.
• Electricity generation and distribution: As a leading energy company, Fortum Group invests huge resources in electricity generation, using a variety of clean energy technologies, including wind, solar and hydroelectric power. At the same time, it is also responsible for building and maintaining an efficient power distribution network to ensure the security and stability of power supply.
• Power Engineering Projects: Futeng Group has undertaken and completed many complex power engineering projects, involving power plant construction, power grid upgrades and smart grid technology applications.
• Environmental protection project construction: As the world pays more and more attention to environmental protection, Futeng Group actively participates in environmental protection projects, promotes the development of green energy, reduces carbon emissions, and is committed to improving resource utilization efficiency.

The development history of Futum Group

The history of Fortum Group can be traced back to the beginning of the last century. After more than a century of development, it has grown from a regional enterprise to a multinational company with global influence. The following are several key stages in the development of Fortum Group:

• Early development: In its early days, Fortum Group focused on electricity production and distribution in Finland, gradually establishing a solid market position.
• Internationalization process: In the late 20th century, Fortum Group began to implement its internationalization strategy and expand overseas markets, especially in other parts of Europe and the Asian market, where it achieved remarkable results.
• Technological innovation and sustainable development: In recent years, Fortum Group has increased its investment in technological innovation and sustainable development, and is committed to developing cleaner and more efficient energy solutions to meet the challenges of global climate change.

Technological innovation and R&D capabilities

The success of the Fortum Group is inseparable from its strong technological innovation and R&D capabilities. The company has established multiple R&D centers around the world, bringing together many top scientists and engineers to continuously explore new technologies and methods to improve product quality and service levels.

• Clean Energy Technology: Futum Group is a leader in the research and development of clean energy technology, especially in the fields of wind energy, solar energy and biomass energy.
• Digital transformation: In the face of rapidly changing market demands and technological advances, Fulton Group is actively promoting digital transformation, using advanced technologies such as big data, artificial intelligence and the Internet of Things to optimize operational processes and improve decision-making efficiency.
• Cooperation and Alliance: Futeng Group focuses on establishing partnerships with other companies and research institutions to jointly promote industry development through resource sharing and collaborative innovation.

Contribution to global sustainable development

As a responsible corporate citizen, Fortum Group has always regarded sustainable development as one of its core strategies. By actively participating in various environmental protection projects and public welfare activities, Fortum Group strives to reduce the impact of its own operations on the environment while helping customers achieve energy conservation and emission reduction goals.

• Reducing carbon emissions: Fortum Group has set clear carbon reduction targets and has taken a series of measures to reduce greenhouse gas emissions, such as optimizing energy structure, improving energy efficiency and promoting low-carbon technologies.
• Water Resource Management: In terms of water resource management, Fortum Group has implemented strict water use standards and recycling plans to minimize water waste.
• Social responsibility: In addition to paying attention to environmental issues, Futum Group also attaches great importance to fulfilling its social responsibilities and giving back to the society through educational funding, community services and other means.

Looking ahead

Facing future opportunities and challenges, Fortum Group will continue to adhere to the innovation-driven development strategy, continuously enhance its core competitiveness, and strive to become a leader in the global energy and industrial fields. At the same time, the company will continue to strengthen cooperation with all parties to jointly promote global energy transformation and the realization of sustainable development goals.

In short, Futeng Group has established a good brand image in the international market with its diversified business layout, strong technical strength and firm sustainable development concept. Whether now or in the future, Futeng Group will fulfill its mission with practical actions to create a better life for mankind.

For more information about Fortum Group, please visit its official website: www.fortum.com .