#BDS: Norwegian Pension Divests from Israeli Companies

"The Norwegian Government Pension Fund Global (GPFG) announced divestment from two Israeli companies, Africa Israel Investments and Danya Cebus, due to their involvement in the construction of illegal settlements in the West Bank.

This comes only a year after the GPFG divested from Elbit Systems Ltd., the Israeli defense firm involved in the construction of the Separation Wall.

Danya Cebus has carried out construction projects, as a hired contractor, in Har Homa, an Israeli settlement in East Jerusalem, and in the settlements Ma’aleh Adumim, Modi’in Ilit, and Adam, according to Israeli news daily Haaretz. At the end of 2009 the Norwegian fund owned shares worth 7.2 million Norwegian crowns (‏€1.16 million) in Africa Israel Investments."

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