Annual Report 2013 | Suomeksi |

Purchasing

Fortum is a significant purchaser of goods and services. Investments and fuels make up a big part of Fortum's purchases. In 2013, Fortum had about 13,300 suppliers of goods and services (2012: 15,200). Our purchasing volume was EUR 4.1 billion (2012: 4.2).

Of our purchases, EUR 1.3 billion (2012: 1.6), targeted investments. The biggest investments were made in Sweden (EUR 497 million) and Russia (EUR 435 million).

Along with investments, fuels (EUR 1,085 million in 2013) make up a significant part of Fortum's purchases. We purchase fuels from international and local suppliers. Our fossil fuel purchases totalled about EUR 864 million (2012: 910), biomass and bioliquids about EUR 155 million (2012: 130), and nuclear fuel about EUR 66 million (2012: 20).

The rest of our purchases (EUR 1.7 billion in 2013) consist of other operational goods and services. The figure includes electricity purchased by the Electricity Sales business area from the Nordic wholesale electricity market for retail sales. Purchases of other goods and services are related to those used in operation and maintenance and to other services, like IT, marketing and travel.

Purchases, EUR million

More than half of the purchasing volume, excluding the purchases from the Nordic wholesale electricity market, was purchased from suppliers operating in Europe, mostly in Finland, Sweden and Poland. This does not include electricity purchases from the Nordic wholesale market. About 40% of the total volume of purchases came from risk countries. These purchases mainly consisted of fuel purchases and the Russia Division's local purchases in Russia.

Purchases1) excluding investments in 2011-2013
EUR million 2013 2012 2011
Nordic countries 1,685 1,612 1,903
Russia 813 769 692
Poland 143 161 148
Estonia 29 36 64
Other countries 103 99 44
Total 2,773 2,677 2,851
1) Includes purchases of fuel, power and other materials and services.
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