Press and media


  • SSAB, LKAB and Vattenfall announced today that they have formed a joint venture company to continue to drive the HYBRIT initiative. The three companies will each own one third of the company, which will seek to develop a steelmaking process that emits water instead of carbon dioxide.

  • iSupplyEnergy, a fast-growing UK supply company, has been acquired by Vattenfall, the Swedish energy group. After having recently entered the UK business customer market, Vattenfall will now start to sell electricity and natural gas for the first time also to private customers.

  • The EURELECTRIC Board of Directors has elected Magnus Hall, President and CEO of Vattenfall, as Vice President and part of the presidency team of the association representing the electricity industry at pan-European level.

  • Today, Vattenfall enters into strategic partnerships with Accenture (NYSE: ACN) and Capgemini (EURONEXT: CAP). The purpose is to get access to modern, automated and digitalized administrative systems and tools.
    As a result, a number of processes will be outsourced. A total of 500 employees and consultants in Germany, Sweden and Netherlands may be affected.

  • Vattenfall has presented a comprehensive restructuring program to bring its German hydro power division back into profitability. According to the program, 2,500 MW of the currently operated 2,800 MW hydro power capacity are planned to stay in operation. The measures of the program are to be implemented by the end of 2019 and include a significant reduction in the number of jobs.

  • Vattenfall will invest almost 100 MEUR in Germany’s biggest power-to-heat plant.

  • Tuomo Hatakka takes over the responsibility as "Diversity and Inclusion Officer" within Vattenfall. Tuomo Hatakka has been part of Vattenfall's Group Management since 2005 and is currently responsible for the company’s Business Area Heat and Country Manager for Vattenfall in Germany.

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Last updated: 2016-10-26 14:32