Posiva Oy

Posiva Oy is an expert organisation responsible for the final disposal of spent nuclear fuel of the owners. Posiva has been established in 1995.

Posiva's Owners

Posiva is owned by Teollisuuden Voima Oyj (60%) and Fortum Power & Heat Oy (40%), both of which share the cost of nuclear waste management.

Posiva's Role in the Nuclear Waste Management Sector

Posiva is responsible for research into the final disposal of spent nuclear fuel of the owners and for the construction, operation and eventual decommissioning and dismantling of the final disposal facility. Additionally, Posiva provides expert nuclear waste management services to its owners and other customers.

Extensive Co-operation

Posiva works together with numerous Finnish and foreign expert organisations from a multitude of fields, and commissions studies related to nuclear waste management from universities and other institutions of higher education as well as from research institutes and consulting businesses.

Posiva's People

In 2011 Posiva employs around 90 people. The company had a turnover of some EUR 61 million in 2010 and is headquartered in Olkiluoto in the municipality of Eurajoki.