Sven-Åke Berglie on the current situation of Saab

According to some Dutch news-wires, Sven-Åke Berglie seems confident that Saab will be able to pay its suppliers to get production restarted.

“We know there are some activities going on. It is not unlikely[that Saab will be able to pay its suppliers.]” says Berglie.

According Berglie his organization [FKG] received information about Saab Automobile, he refuses to give details.

But Berglie also says that 700 people among the suppliers will be made redundant, and he thinks it is beyond comprehension that Saab is still trying too keep all its employees.

On the other side just-auto.com is saying that Berglie knows that Saab won’t be able to pay its suppliers.

“I know Saab has not got the money that they can pay the suppliers 10%, no way,” FKG managing director Sven-Åke Berglie told just-auto from Sweden. “We are talking about many millions.”

It seems that somebody got the wrong Mr. Berglie on the phone.

It looks like the Dutch do see Saab as a Dutch company. Maybe they should start buying more Dutch cars. 😉

obelix
Member
5 years 1 month ago

Well, we like to see it a bit as Dutch. I’ve tried to persuade management here that, as a Dutch company, we should only have Dutch company cars. So far I’m the only one, alas.

till72
Member
5 years 1 month ago

Someone call Mr. Berglie for a third opinion?

lala
Member
5 years 1 month ago

It can be said by one Berglie: He might think there is not enough money to pay the 10% now, nut Saab will, in the future (after the “ongoing activities”), be able to repay it’s suppliers….

GrumpyGriffin
Member
5 years 1 month ago

Well he is right about one thing, not making any cars for the best part of five months and keeping all the employees is a sure way to Bankruptcy

SAABNUT
Member
5 years 1 month ago
Its a valid opinion – I believe that according to Swedish law you have to give redundancy notice to your employees and will then have to pay a severence fee based on the age of the employee and the number of years in service at the company. In many cases this will be 2-6 months pay for the vast majority of laid of workers at SAAB. Effectively this would have costed SAAB more in the short term – especially if the sincere and energetic efforts to get the production restarted is still the main goal and ambition. And its a… Read more »
spacy
Guest
5 years 1 month ago

.
Assumably Saab management believe production re-start can be achived, otherwise they would be making redundancies.

It is Catch 22 though….

jond
Member
5 years 1 month ago

Yes, of course it’s demoralizing for the workforce, but don’t you think the suppliers would have appreciated a strong and capable management, who are able to take tough decisions so that they would have a realistic chance of paying their invoices?

SAABNUT
Member
5 years 1 month ago

Probably many of the suppliers face same difficult choices as SAAB do – and offcourse SAAB management carry a huge responsibility for past events and current actions.
And also for the situation that many suppliers now are facing.

It was just some thoughts on the subject why SAAB have choosen not to give notice to parts of their staff – the obvious problems all parties involved, including suppliers, faces, are still there and they are though and complicated for all parties.

GrumpyGriffin
Member
5 years 1 month ago

Is there no such thing as short time working in Sweden, as in being paid only for two or three days a week but the employee still has a job?

ivo 71
Member
5 years 1 month ago

The Dutch info on various local newswires differs somewhat per source. I suspect there is a language comprehension problem there. It all originates from one source: an interview Berglie apparently gave to Christina Zander, the Stockholm correspondent of the Dow Jones Newswire service. I have not been able to find the original DJN version. Maybe someone from SU could call Christina? She is Swedish, I believe.

Ivo

ivo 71
Member
5 years 1 month ago

Correction: Christina Zander is with DJN Amsterdam, or was in June 2011. Phone: +31 20 571 5200 But she apparently covers Scandinavia, so could be Swedish anyway.

Ivo

zippy
Member
5 years 1 month ago
Any idea how quickly we could see some Chinese money? Trying to find €7million each month for salaries really isnt the way to run a company with any degree ofconfidence. What Saab needs is €500million to rebuild as these dribs and drabs of cash arent helping one bit. Where did the money go from the sale of the building? Obviously no to any supplier for parts. Saab speaks of paying suppliers 10% nw and the rest in September? Does money grow on trees in Sweden? Its August already so why leave it another month? Coz in reality they dont even… Read more »
CurtInFalcon
Member
5 years 1 month ago

It really doesn’t matter what Sven-Åke Berglie says as he is on the supplier side – outside of Saab and not aware of the details of Saab’s business. What matters is whether Saab actuslly has the money to make the payments in time to get production going on the 29th. If Saab cannot pay wages, how can they pay the suppliers? Again, Saab’s survival depneds upon a big investor stepping up in the next couple of weeks.

ryanonsrc
Member
5 years 1 month ago

Berglie … thinks it is beyond comprehension that Saab is still trying too keep all its employees.

Well Berglie, I am sorry you have so much difficulty comprehending the notion of fighting for something you truly believe in. I for one, am glad that there are plenty of people on this earth don’t share this defeatest attitude.

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