You are browsing the archive for 2011 July.

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by TimR

Anders Borg, member of the EIB Board! Continued…

July 31, 2011 in News

SaabsUnited has reached a source with close insight into the matter regarding Anders Borg in the Aftonbladet article published earlier today, which states the following:

“At the time, mid april, when the EIB denied Vladimir Antonov to buy 51% of the real-estate company, even though the NDO approved the deal and GM gave their consent. Eva Srejber visited Hans Lindblad and Anders Borg in the ministry of finance for a day.”

So the big question is, how could Anders Borg not know at that time, that EIB would never had approved Mr Antonov from the start??

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by TimR

Anders Borg, member of the EIB Board!

July 31, 2011 in News

Robert Collin from Aftonbladet.se writes (original article here):

EMPTY FACTORIES. The production of Saab’s factories is at a standstill and the company is on the brink of ruin. Vladimir Antonov can save the company, but first he must be approved by the European Investment Bank, where Anders Borg is a director. But the Finance Minister does not seem to do anything to save Saab.

Borg has no idea – though he sits on the Board:
The European Investment Bank stopped Antonov – The government says the EIB does not respond – even though Borg sits on the Board.

Saab is on the brink of ruin. The subcontractors are not paid while production is stopped and the staff are not getting their salaries.

Russian Vladimir Antonov want to go in with a billion SEK in the company, as soon as he gets the government and the European Investment Bank (EIB) approval. He has already injected well over one billion through unofficial channels, but now he’s hard to do more without getting some form of security in the company.

The National Debt Office’s blessing, he has already received. But the government is “ducking” and argue time and again that they know nothing, nothing can be done and that they are awaiting a decision from the EIB.

Earlier this week, the confusion picked up when the EIB through its spokesman Pär Isaksson said the decision to not let Antonov in , a decision who was already taken in 2009, remains unchanged. Nothing else will do. The fact that Saab submitted an application for new ownership assessment and Antonov course passed the examination at the Debt Office has no meaning, according to Pär Isaksson.
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by Red J

July comes to the End

July 30, 2011 in Saabology, ssd

July comes to the End and like last month I would like to make a resume of the last month sales data and an outlook on my expectations of the current month.

On Monday August 1st at 9:00 am (CEST) Sweden will be the first country presenting their sales figures, and with that the hunting for Saab Sales Data will start once again.

Last month I said that I was expecting Saab to sell about 1.200 cars and Saab managed to sell almost 1.300 cars, which isn’t much but it shows that at least 1.300 people do still believe in Saab. Sweden did perform very poor to be honest, but it is understandable as no other country is so massively informed about what many would see as Saab’s de-facto death. Also, Saab wasn’t able to sell one single car in 9 out of the 36 markets we follow, but this should also be due to the lack of stock.

And what will happen in July?

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by TimR

SU-Drivers

July 30, 2011 in SaabsUnited Related

This beautiful 9-3 belongs to Carlo and he is one of the many who are supporting SaabsUnited :) My first car was a 9-3 and its probably one of Saabs models I love most.

20110730-142614.jpg

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by RobinM

Saab Owners Club GB National this weekend.

July 30, 2011 in News

This weekend is the National get together event for the Saab Owners Club of GB.

It is being held at HAYDOCK RACECOURSE over the weekend of the 29-31 July 2011, members and non members are welcome, traders and car boot sales are welcome, evening meals will be available for Friday and Saturday, pets are allowed but must be kept on lead, Access to set up Tents,Caravans etc, is available from 14:00 29-July-2011.

The Proposed Programme is;

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by TimR

With a little help, Saab could flourish…

July 30, 2011 in News

CHRISTER GERLACH, a journalist and writer has published the following article in DN.se (original article here) which bring up many of the points and issues that we as a community have been trying to make for such a long time. This is a google translation that I’ve tried to clean up as much as possible, I hope enjoy the reading! Read the rest of this entry →

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by TimR

MISSING: Eirik Tveiterås & his Saab 900

July 29, 2011 in News

This is a missing people report for everyone at SaabsUnited!

A 25 year old guy from Norway named Eirik Tveiterås and his 1993 Saab 900 Coupé is missing since monday! If anyone has seen either him or his car which is registered as DF99503 please contact SaabsUnited Crew!

Avatar of till72

by till72

Statement from Antonov

July 29, 2011 in Uncategorized

It looks like Antonov has issued a statement on the behaviour of Swegov and EIB. It spreads on the online news channels in Sweden right now. This one is a googletrans from SvD.se:
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Design and the Saab 9-5

July 29, 2011 in Editorial

While the situation is as it is and we all are worried to some degree, I do think it is time that we focus on what this site is about. I dare to say it is not only about the situation for Saab, but more about the products – the cars. And to bring focus on the cars I will give you my thoughts of design and the Saab 9-5. Yes, design and what you like is very personal, and while some people loves how some things look, some doesn’t. This entry is my statement and I know that everybody doesn’t agree with me.

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Avatar of till72

by till72

EIB replacement snippets

July 29, 2011 in News

I’ve been looking around on the newswires a bit, there’s no real braking news but a few bits here and there that add some info to our picture.
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by TimR

Saab looks to replace EIB financing

July 29, 2011 in Uncategorized

This article that I’m presenting below is nothing new but it does point out some very nice details! And the fact that it appears on a professional banking website is also very interesting!

From Loan Radar (profesional banking website):

Swedish car maker Saab Automobile (Saab) is seeking to refinance a seven-year USD400m European Investment Bank (EIB) facility, which was secured in February 2010.

The loan is expected to be secured against Saab’s subsidiaries, including its auto parts and accessories business Saab Parts. Read the rest of this entry →

Avatar of TimR

by TimR

Lets wait and see

July 28, 2011 in News

Today has been an interesting day, was just about to go to bed, gotta get up early tomorrow morning for a flight to Cyprus and back, when I received an e-mail. I’m not gonna tell you guys who it was from, not going to say what was written in it. But I’m going to fall asleep with a smile on my face, knowing that there are fantastic people out there who do amazing things! Let’s wait and see!

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by TimR

NDO rejects EIB statement

July 28, 2011 in News

From E24.se (original article here):

The Swedish NDO did not know about the EIB position to reject Antonov into Saab as the original deal was set up. General-manager of the NDO Bo Lundgren is very critical towards how the EIB have handled the issue surrounding Antonov as a share holder these past months.

Thursday it was confirmed by the EIB that the bank gave its loan on the grounds that Vladimir Antonov would not take ownership in Saab.

Accodring to Lundgren, the NDO was informed about these grounds as the original deal was set up, but afterwards the situation has changed. Antonov has filed an application to become a share-holder and we have not received any information from the EIB that their intention is to never approve it. Read the rest of this entry →

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by TimR

Lars Carlström reactions about the news!

July 28, 2011 in News

Lars Carlström states to SaabsUnited that this makes it clear that government has played a double role in the matter having one version of the story to the public, Saab and Vladimir Antonov and another inwards. They have effectively lied to the Swedish people, Saab and everyone else which could have caused damages in amounts as high as billions of swedish crowns. There has been several hundreds of lawyers involved in this process and has taken a lot of time and resources away from both Vladimir Antonov and Saab.

This could very well cause a crisis inside the government!

Avatar of TimR

by TimR

BREAKING NEWS: EIB Confirms Antonov would never have been approved

July 28, 2011 in News

BREAKING NEWS:

The EIB have now confirmed that they informed the government in 2009 that one of the conditions of the loan towards SAAB were that Vladimir Antonov was never to become a share holder in Saab! This effectively means that the Swedish Government has not told the truth to Saab and that Vladimir Antonov have wasted a huge amount of time and money on something that would never have happened anyway! Read the rest of this entry →