Teollisuuden Voima
Native name | Teollisuuden Voima Oyj |
|---|---|
| Company type | Public limited company |
| Industry | Nuclear power |
| Founded | 1969 |
| Founder | 16 Finnish industrial and power companies |
| Headquarters | , |
Key people | Philippe Bordarier (President and CEO) Ilkka Tykkyläinen (Chairman) |
| Revenue | €897 million (2024) |
| Owner | Pohjolan Voima (58.5%), Mankala (8.3%), Kemira (0.9%), Fortum Power and Heat (25.8%), EPV Energia (6.6%) |
Number of employees | 1082 (end of 2024) |
| Website | www |
Teollisuuden Voima Oyj (TVO; Swedish: Industrins Kraft Abp, Industrial Power Corporation) is a Finnish nuclear power company owned by a consortium of power and industrial companies. The biggest shareholders are Pohjolan Voima and Fortum.
TVO operates on a cost-price principle. It sells electricity to its shareholders at the price of the incurred costs. Thus, the profit of the company is normally zero. In 2024, TVO produced about 28% of the electricity produced in Finland.