Company type | Oy |
---|---|
Industry | Energy |
Founded | 1995 |
Headquarters | Eurajoki, Finland |
Products | Nuclear waste management |
Owner | Teollisuuden Voima and Fortum |
Website |
www |
Posiva Oy is a Finnish company with headquarters in the municipality of Eurajoki, Finland. It was founded in 1995 by Teollisuuden Voima (60% of stock) and Fortum (40% of stock), [1] two Finnish nuclear plant operators, for researching and creating a method of final disposal of spent nuclear fuel from their plants. [2] [3] [4]
For this purpose, Posiva is currently constructing the Onkalo spent nuclear fuel repository, the world's first deep geological repository, at the Olkiluoto Nuclear Power Plant site.