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.

Monday, October 31, 2011

Court decide that the recontruction continues

Right now in Vänersborg, Saab is meeting its creditors whose opinion whether the reconstruction should continue or not will be very important. Then the court will decide.

Here is what the creditors say (from TTELA which is present at the meeting):

Peter Hallberg, representative of the Swedish Saab dealers: "This sounds like the best we have hear from Saab in a long time, so we want the reconstruction to continue."

Platzer real estate company thinks it looks positive.

Swedish tax authorities say yes.

Autoliv is optimistic about what they have been told today and they say yes to continued reconstruction.

Plastal AB: Yes.

Continental: Are positive to what they have been told today, but looks forward to the composition meeting.

Semcon: Yes.

That was all the creditors who wished to express their opinion.

And the result: The Vänersborg District Court has decided that the reconstruction of Saab shall continue.