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, November 24, 2011

Wage payments delayed again

I guess it is no big surprise that the wage payments to the Saab employees are late again. Payment to the blue-collar workers are supposed to happen tomorrow, and the white-collar workers are to be paid on Monday.

Last night Saab informed its employees that the wages most probably will be delayed.

"Yes, we have to warn for this even this time, as there is a risk that we can't get the funding on time," said Eric Geers, Executive Director Communications at Saab to TTELA.

Saab could not say when the wages will be paid.

One Saab friend who earlier has made sure that the funding to pay the employees were in place, is Vladimir Antonov. Now he is in trouble of his own. His Snoras bank in Lithuania was seized by the state and an arrest warrant for Antonov has been issued. Now Swedish news reports that the money "missing" from the bank can possible be linked to Antonov's funding of Saab.

I don't know what is true or not about Antonov, but I know that he stood up for Saab when Saab had problems and I thank him for that.