If we are to believe the last Post from Inside Saab, Saab delivered a counterproposal yesterday to the EIB which their management board will now consider.
Mr. Carlstrom said yesterday that they weren’t talking to the EIB any more as it was a waste of time, sorry but I do believe Mr. Wade more.
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I see no disagreement between VA and the statements made by Swade. Swade said “the discussions between Saab’s representatives and officials from the European Investment Bank, EIB, continued.” VA is not a SAAB representative and therefore there is reason to believe that both are right;)
+1
After all I think Saab will try any option they have.
From what I think is that the short term option with the EIB is needed and that Saab is now trying to find a solution to pay back the EIB within 90 days (or under better conditions).
So then production can start up again with the sell and lease back option and the long term money can be found in selling technology and have an extra owner/shareholder found. This of course will has influences on the bonds (shares) that are now on the market and that’s somethin VM always tried to avoid – as he mentioned in earlier statements-.
100% agree, let’s deal in facts all these half facts are doing Saab no favours at all!
Yes sir! Go to vote for the classic 900 (and other cars that you like) at:
http://www.legendsonwheels.com (The UR Saab, Saab 92 is missing, add it as your favourite.)
“Debt Office invites you to a press conference regarding the Saab Automobile AB.
Thursday 28 / 4 at 14:30, Jakobsbergsgatan 13 in Stockholm.”
https://www.riksgalden.se/templates/RGK_Templates/NewsPage____20871.aspx
It seems like they’ve already taken a decision about VA!!
Its 13:36, almost one hour till then, and I’m not anxious !!!!
What I think is that hey will be talking about “the government has done anything they could” and “in case SAAB goes down we have resources ready to help the affected people at SAAB and sub-contractors”. Unfortunately that would be it.
But I hope that I am wrong!
Sadly I think you’re right.
I’m sure you’re wrong !
For the bad message you suggest, it wouldn’t be NDO but Maud !
Hope I’m right!
Crossed fingers & F5!
True, I didn’t think that way. And as we could see below (comment from WD78) it seems that it will be about VA. I hope that is true!
Iggy,
I’m not an expert, but since now the NDO and the government where two different institutions.
As it is the NDO who is inviting to the press conference, and they reviewed VA on Tuesday, I expect that today they will tell the press what is their recommendation to the government, as they did it last week with the buy and lease-back financing.
in Swedish public administration a negative decision like this rarely comes from public administrators. In this case the NDO would be silent and forward it’s report for a political decision. It would be Maud saying we cannot allow this! But VA/Carlström already said that the EIB wouldn’t allow him in before the next ice age anyway… but that was maybe just a power game for putting pressure on the EIB to allow Antonov in!
“After a review of Vladimir Antonov NDO see no obstacle to let the Russian businessman to become part owner of Saab. The experience SVT Rapport.”
http://svt.se/2.22620/1.2408094/riksgalden_inga_hinder_for_antonov
That is truly good and long-awaited news. Now it´s up to VA show his business skills and the power of his network. Vlad UP!!
NDO will hold a pressconference about saab at 14;30 according to ttela
and here is the link ,
Link
Welcome Vladimir….. long live Saab
Is it just me laughing at how formal Swade has become? It is just so funny to see him write things in such a formal way!
I think he is still writing from an enthusiast perspective. It’s like his body is at SAAB but his mind is still seeing things from an outsiders point of view. It comes across really well and I’m loving it.