Fortum CEO: Would Be Stronger Working Closely With Uniper

The transcript covers discussions on a potential hostile takeover involving Juniper, addressing union concerns about job security, and the Finnish government's role in the deal. It also analyzes the company's earnings performance, highlighting improved results across business segments and factors like Nordic hydrology and Russian business developments. Finally, it discusses future energy prices, emphasizing the impact of the ETS directive on carbon and power prices.

What is the main focus of the discussions between Fort Amanda and Uniper?

• Strategic alignment and collaboration

• Job security for employees

• Financial performance improvement

• Government intervention

What concern do union officials have regarding the company's plans?

• Poor communication with stakeholders

• Inadequate environmental policies

• Insufficient job security commitments

• Lack of financial transparency

How does the Finnish Government view its ownership of Fort?

• As a normal business investment

• As a means to control the market

• As a temporary arrangement

• As a political tool

What has contributed to the improved financial performance of the company?

• Increased marketing efforts

• Higher electricity spreads and capacity payments

• Reduction in workforce

• Expansion into new markets

What impact has the new ETS directive had on the market?

• Stability in power prices

• Decreased carbon prices

• Increased coal production

• Deficit in the market and higher carbon prices

What is the relationship between power price development and gas price development?

• Power prices are unaffected by gas or coal prices

• Power prices are independent of gas prices

• Power prices are more closely coupled with gas prices

• Power prices are more closely coupled with coal prices

What is the expected trend for wholesale electricity and carbon prices in Europe?

• Stable prices with no significant changes

• Decreasing prices due to market surplus

• Fluctuating prices with no clear trend

• Increasing prices influenced by carbon price dynamics