Features and special pages

Tuesday, August 16, 2011

"I can advice you not to go on vacation this week..."

Here's an uplifting little note. According to a blog entry from one of the writers of Vi Bilägare, which is one the biggest car magazines in Sweden, a reporter from Swedish business paper and news site Dagens Industri yesterday asked Eric Geers, Executive Director of Communication at Saab, if a new funding deal will be ready this week. To which Geers answered the following:

"I can advice you not to go on vacation this week..."

In other words, can we expect a funding deal to be presented this week?

Yesterday over at Inside Saab, Swade wrote an entry about "The Deal". A deal that will carry Saab through the liquidity shortfall and into the future and be the basis to restart production.

I would say that that the signs are pointing towards a solution. But time is of essence!