Sweden
Sweden: Further delays in Koenigsegg takeover of Saab
By Jordan Shilton, November 19, 2009
In spite of the decision of the European Investment Bank (EIB) on October 21 to grant Saab Automobile a €400 million loan, the deal to sell the GM unit to Koenigsegg Group remains in the balance.
Swedish government to provide backing to Saab sale
By Jordan Shilton, October 15, 2009
Sweden’s right-wing Alliance government announced on October 7 that it would provide support to the bid of the Koenigsegg Group to take over automaker Saab.
UN climate change meeting
No agreement between major powers on carbon emissions
By Tom Eley, September 23, 2009
Tuesday’s global warming summit failed to ease differences among the major powers in advance of a December treaty conference in Copenhagen.
Sweden: Koenigsegg bid to buy Saab under threat
By Jordan Shilton, August 27, 2009
Having announced in June that it was set to purchase Saab, there is a strong possibility that the consortium Koenigsegg Group AB may be unable to finance its bid.
Sweden: Luxury automaker Koenigsegg announces purchase of Saab
By Jordan Shilton, June 29, 2009
The struggling automaker Saab will be sold to Koenigsegg, a Swedish company that manufactures luxury sports cars.
Baltic economic instability threatens to spread to Sweden
By Jordan Shilton, June 15, 2009
Deepening economic problems in Latvia are threatening to spread throughout the region.
Sweden: Saab granted three-month extension in bankruptcy protection
By Jordan Shilton, June 5, 2009
A local judge has given Swedish automaker Saab a further three months protection from creditors, as it seeks to find a buyer.
Sweden: Uncertainty over future of Saab
By Jordan Shilton, May 15, 2009
Two months after filing for bankruptcy protection, the future for Swedish automaker Saab remains unclear.
Sweden: Over half a million face unemployment
By Jordan Shilton, April 14, 2009
Over half a million people will be out of work in Sweden next year, according to the latest predictions.
Sweden: Saab announces more layoffs as unions agree to wage cuts
By Jordan Shilton, March 25, 2009
Saab announced 750 job cuts at its main plant in Trollhätten on March 12.
Sweden: Unions promote nationalism over Saab
By Jordan Shilton, March 3, 2009
Sweden’s trade unions have organised a campaign for state aid to rescue the ailing carmaker Saab.
Swedish automaker Saab seeks bankruptcy protection
By Jordan Shilton, February 25, 2009
The automaker Saab is to be given temporary bankruptcy protection to enable it to carry out a “restructuring” programme.
