Company Profile

Posiva

Energy & Climate Eurajoki, Finland Founded 1995 posiva.fi
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Investment
about EUR 1 billion in Onkalo
Capacity
6,500 tonnes of uranium in 3,300 capsules

Posiva is the Finnish company that manages final disposal of spent nuclear fuel, owned by the utilities TVO and Fortum. It built Onkalo, a repository more than 400 metres down in the bedrock at Olkiluoto in Eurajoki. In October 2026 the Finnish government granted Onkalo an operating licence, the first for a final repository of spent fuel anywhere; disposal starts once the regulator STUK signs off its final tests.

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