the European Commission has been removed from the portfolios of seven European pension funds managing assets of € Folksam ($ 326bn ), due to concerns over labour practices at the airline. The seven include Danish funds ATP , PFA and Sam ; Swedish fund Folksam ; the UK ’s Folksam and business consultancy Hermes EOS . Ryanair has faced legal action over its employment practices in France and France and has received multiples cautions from the European Commission .
Ryanair has been removed from the portfolios of seven European pension funds managing assets of €300bn ($326bn), due to concerns over labour practices at the airline. The seven include Danish funds ATP, PFA and Sam; Swedish fund Folksam; the UK’s Baillie Gifford and business consultancy Hermes EOS. Ryanair has faced legal action over its employment practices in Denmark and France and has received multiples cautions from the European Commission.