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Home  /  News /  Teollisuuden Voima’s Annual Report 2017 published

Teollisuuden Voima’s Annual Report 2017 published


Financial Statements Bulletin 2017

The electricity generation at Teollisuuden Voima's (TVO) Olkiluoto nuclear power plant in 2017 totaled 13.4 terawatt hours (billion kilowatt-hours), which accounted for about 16 percent of all electricity consumed and about 21 percent of all electricity produced in Finland. The consolidated turnover was EUR 320.9 million. The amount of electricity delivered to the shareholders was 13,516 GWh.

Olkiluoto 1 and 2 plant units are in safe and good production condition. Preparing the Olkiluoto 3 EPR plant unit for production proceeded in 2017. According to the schedule updated by the plant supplier in October 2017, regular electricity production at the plant unit will commence in May 2019. The excavation work of Posiva’s final disposal facility for spent nuclear fuel at Olkiluoto progressed according to plan.

TVO’s Annual Report 2017 has been published on 1 March 2018 at 10.00 EET online at annualreport.tvo.fi/annualreport2017.

The Annual Report consists of the Report of the Board of Directors, Financial Statements, Corporate Governance Statement as well as Corporate Social Responsibility reporting according to GRI Standards and Environmental reporting according to EMAS decree. Information on TVO’s Corporate Social Responsibility and environmental matters is extensively available at the company’s website www.tvo.fi.

Report of the Board of Directors and Financial Statements 2017 (pdf)
Corporate Governance Statement 2017 (pdf)

For more information, please contact:
Jarmo Tanhua, President and CEO, Tel. +358 (0)2 8381 2000
Anja Ussa, Senior Vice President, Finance, Tel. +358 (0)2 8381 6100
Elina Heikkilä, Corporate Social Responsibility, Tel. +358 (0)2 8381 5201.