Sweden Business News





Bankruptcy Petition Filed Against Saab

September 2011
The Swedish labor unions filed on September 12 a bankruptcy petition against Saab, the Swedish carmaker.
According to the employees the August salaries have not been paid yet by Saab which employs 3,700 workers.
Earlier Saab announced that it reached an agreement to get a short term EUR 70 million loan from a Chinese partner.



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