Bonnier Business Press

Sweden: Dagens Industri

Established 1976 | Circulation 107 500 | www.di.se

Euro challenge

10.03.2010, Wednesday

The Euro has lost 17 % against the Swedish krona in one year. The strong krona is now a great challenge for the Swedish export industry.

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Investigative Reporting Wins Award in Estonia

05.03.2010

Äripäev staff reporter Piret Reiljan won Estonia's oldest and most prestigious journalism prize, the Bonnier Award, given to the best investigative story of the year. Worth SEK 40,000, the Bonnier Award in Estonia was first given out in 1996. Reiljan received the award for her story on Swedbank's conflict of interests, when the bank invested its pension funds' clients' money into bonds of enterprises that were getting loans from Swedbank itself. After the stories ran in Äripäev, Swedbank was forced by the Estonian Financial Supervision Authority to compensate its pension fund clients EUR 10 million euros. The scandal has been credited as one of the reasons the head of Swedbank Robur, the bank's investment branch, left the company. Picture: The award is handed over by Hans-Jacob Bonnier, deputy CEO in Bonnier Press International.

By Meelis Mandel