KLP has decided to pull out of investments in the Oshkosh and Thyssenkrupp groups, accused of supplying weapons to the Israeli army in the context of the Gaza conflict. The fund emphasizes companies' obligation to avoid contributing to human rights violations. The exclusion of these firms from the portfolio is based on criteria related to arms sales to states involved in armed conflicts. The KLP manages €97bn in assets and is under pressure, similar to Norway's sovereign wealth fund, to withdraw from companies associated with actions that contravene international law.
Sources
Latest News
06:59
Oana Gheorghiu, message for politicians eight years after the protest on August 10: "The day will come when you will pay. Even if justice does not succeed, the people will send you exactly where you belong."
23:05
The only anti-war party in Russia has been excluded from the electoral race.
23:00
Over 1,200 Palestinians have been killed in Gaza since the ceasefire with Israel came into effect in October 2025. UN experts warn of the ongoing genocide.
22:55
The Alba Iulia Court of Appeal rejected the proposal for the preventive arrest of prosecutor Radu George Bucurică, accused of crimes related to the illegal possession and use of a lethal firearm.
22:53
Diana Buzoianu announced that the estimates for the operation of Unit 2 at Cernavodă have been revised negatively: "We are in a much gloomier forecast than we were yesterday."
See more news