Thursday, December 11, 2014

State fund sells shares in Stora Enso – Swedish Radio

State fund sells shares in Stora Enso – Swedish Radio

After the scandals surrounding child workers at Stora Enso’s suppliers are now selling the Seventh AP Fund’s holdings in the company’s shares.

Seventh AP Fund is now selling all his shares in forest products company Stora Enso, one of whose factory in Minehead.

This is the information that one of its suppliers had child labor, the report TV4Nyheterna.

It was last spring that TV4′s Cold facts came with the revelation, and that Stora Enso addition should have known that child labor is used.

The Fund’s shareholding in the company amounted to SEK 30 million.

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