Former employee of Gränges in Finspång suspected of embezzlement
One of Gränges’ former employees in Finspång is suspected of embezzlement of metal scrap. In June 2015 the employee was dismissed with immediate effect. The matter is currently being investigated by the Swedish Economic Crime Authority. Gränges has at the same time engaged PwC to conduct an independent investigation of the incident. PwC is not Gränges’ regular auditor. Gränges internal investigation indicates that the embezzlement has been committed by a single person who in his role was responsible for the company's purchases and sales of scrap in Finspång. The economic loss amounts to