IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Friday, May 20, 2011

Saab looking for new buyer for property

One of the solutions proposed by Saab to raise money has been to sell Saab's properties and then lease it back. Originally Vladimir Antonov's Convers Group was the intended buyer, but the European Investment Bank stopped that deal for unknown reasons. Now Saab looks for a new buyer for the property.

According to Dagens Industri, yesterday the commercial real estate advisor DTZ visited Trollhättan and looked at Saab's property. They were given a tour by Gunnar Brunius, Vice President Purchasing & Manufacturing at Saab. The hope is that DTZ can find a buyer and Saab then can raise money to use in the daily operating of the company.

Vladimir Antonov says to DI that he is informed:
"I am informed about everything that happens at Saab. The more investors who want to contribute funds to Saab, the better," he says to DI.