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Fortum does not include Russian business in new strategy; does not name exact terms for sale of assets
KYIV. March 2 (Interfax-Ukraine) – The new strategy of Fortum does not include doing business within the Russian Federation, and the company has continued the process of exiting its Russian assets, while considering their sale as the preferred option, the Finnish energy holding said in a statement.
However, any such deal requires the approval of the Russian regulators, and would require additional time, Fortum said.
