Posted by: saabnuts | April 28, 2011

Saab News April 28, 2011

Saab News April 28, 2011:

Swedish National Debt Office Allows Vladimir Antonov As Shareholder In Spyker:
Victor Muller, CEO of Spyker and Chairman of Saab Automobile said: “This is a great day for our company and for me personally. We worked relentlessly for 11 months to achieve the desired result: restore the reputation of Vladimir Antonov, who made so many valuable contributions to Spyker since 2007 as financier and shareholder. We are convinced he will be able to make such contributions again in the near future and look forward to the decisions of the Swedish Government, General Motors and the European Investment Bank (EIB), following the recommendation of the NDO which was the result of intense scrutinising.”Vladimir Antonov, Chairman of Conversgroup said: “I am very happy finally getting the recommendation from the NDO to the involved parties, being a future investor in Spyker. The past months of speculations around me, as an individual investor and my businesses has been exhausting. Clearly this has been a disturbing factor for many of my businesses. Finally we have managed to obtain a clean bill of health and we need to move fast forward to secure the cash flow of Saab Automobile. I hope all involved parties now further take on their responsibility so we can close all processes fast to secure the future of Saab Automobile.”Spyker and Saab Automobile continue to work on securing funding. Saab Automobile is still in talks with the EIB and all parties involved on a solution to complete the sale of Saab Automobile Property AB (Saab Property). It is not yet certain whether the above parties will be able to fulfil all of the conditions of the EIB and finalize the sale of Saab Property.

In addition, Spyker and Saab Automobile are negotiating equity and debt financing and/or technology licensing with various strategic partners, including various Chinese car manufacturers. No commitments have been received to date.”

  • Editor’s note:  I see this and other recent press releases as positive signs and progress in Saab moving forward with improved business plans and financing, helping assure a bright future for the company and Saab employees.
  • Saab has fantastic new cars already available such as the current Saab 9-3 and all-new Saab 9-5 Sport Sedan, and will be releasing the all-new Saab 9-4X Crossover and all-new Saab 9-5 Sport Combi (wagon / estate) soon as well. An all-new Saab 9-3 will be coming in the next year or so as well.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories