The investigation concerned possible unethical behavior in handling relationships with authorities. Ahlstrom announced the initiation of the investigation on October 22. The investigation was carried out by an external third party, KPMG.No illegalities were found in relation to the actions of the company's representative regarding contacts with authorities.Ahlstrom has decided to further specify and develop its Code of Conduct in relation to, for example, reporting and documentation in connection with dealings with authorities and other external parties. Furthermore, training of management and personnel with respect to the Code of Conduct will be increased, especially in the emerging markets.Ahlstrom has a strict Code of Conduct, and the compliance with the code is supervised on a continuous basis, the company writes in a press release.
Ahlstrom completes investigation at Indian plant
Nov 19 2010 Ahlstrom has completed its internal investigation on the business conduct of the company's representative at its manufacturing plant in Mundra, India.
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