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.

Thursday, June 30, 2011

Government decision on Antonov within shortly

According to TTELA, the Swedish Government's decision whether to allow the Russian banker Vladimir Antonov to become part owner of Saab or not, is close. Peter Eriksson of the Moderate Party of Trollhättan, has been in close contact with people in the Government lately, and Eriksson tells TTELA that a decision is expected shortly.

Acoording to Eriksson, the reason for the hold up has been another stakeholder than the Government.

"The question of ownership is a complex issue and not quite as easy as it has been portrayed to be by among others the union IF Metall. Included in the issue is for example the agreement on the reconstruciton and the relationship between GM and Antonov," Peter Eriksson told TTELA.

Eriksson continued saying that it is the relationship between GM and Antonov which has delayed the decision. On GM's recent approval of Antonov, Eriksson said "Yes, and that can indicate that the issues have been solved."

When asked if that means that the Government also will approve Antonov, Eriksson said "If the issues are solved then I believe a dicision is close, I would say within a couple of days, but maybe not this week".

I would say that the events the last days, with GM approving Antonov and saying that they are awaiting contact from the Government, Antonov planning to hold a press conference, Youngman, Pang Da, Victor Muller and Antonov in discussions in Stockholm today, everything indicates that Antonov soon will be part owner of Saab!