Gunvor, the Dutch-registered oil trader that remains a powerful force in Russia despite selling most of its assets in the country, is giving employees greater ownership of the company as its Swedish CEO Torbjorn Tornqvist trims his majority shareholding. The company says staff will now own 30% of its shares, compared to 22% previously and 13% a year ago, and that they would receive “substantially more” by the end of the year.
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