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, January 9, 2012

Labor union not to request new administrators

This weekend it was reported that the labor unions at Saab would request that the bankruptcy administrators be replaced. But now the unions say that they accept the administrators.

Union lawyer Darko Davidovic confirmed to Dagens Industri that the unions have discussed requesting new administrators, but after a meeting today the unions have decided not to take action.

"If we were to make an appeal [today] was the last chance. So we said that we had to sit down and decide if we could do it or not," Davidovic said.

After today's event when the administrators applied for an extra administrator, the unions have decided to meet the administrators on Thursday and together decide the framework for a negotiation.

"It's been three weeks with these bankruptcy administrators and if we were to appeal and get them replaced at the end of the week, one month would have passed. Then we would risk that a sale would not go through and we do not want to do that," Darko Davidovic said.

At Thursday's meeting the talks will focus on how negotiations will take place and how information shall be spread.

"We have said that we will give them a chance to show us that they can take care of this. If they can't, then we will turn to the district court. If that happens we have at least given them a chance to get this to work," Davidovic said.