Saab company Archives - Page 6 of 11

Press Release: SWEDISH AUTOMOBILE N.V. including SAAB AUTOMOBILE AB REPORTS ITS SEMI-ANNUAL RESULTS 2011

Management working on different scenarios to secure funding and ensure longer term continuity of Saab and Group Zeewolde, the Netherlands, 31 August 2011 – Swedish Automobile N.V. (Swan), a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker brands (together referred to as the “Group”), today announces its interim results for the first […]

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News

Press Release: SWEDISH AUTOMOBILE TO PUBLISH SEMI-ANNUAL RESULTS ON 31 AUGUST

Zeewolde, The Netherlands, 26 August 2011 – Swedish Automobile N.V. (Swan) announces that it will publish its semi-annual results on 31 August 2011, instead of the previously communicated date of 26 August 2011. Swan has decided to delay publication as it is currently still in the process of finalizing the semi-annual report.

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News

Inside Saab: More information about salaries and factory staff

Yesterday, we informed staff that there was a risk that the payroll due on August 25 would be delayed. We can now confirm that there is a delay. The company is working hard to secure financing, enabling us to fulfill our commitments. At present we cannot confirm a date for the payment of salaries but we will continue to provide

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Editorial

50 ways to leave your lover

Enthusiast first. Employee (close) second. One of the reports that’s really turned into a kick in the guts for a lot of the people that I talk to at Saab, and for our dealer body worldwide, is a report going around via the Associated Press at the moment. It’s basis was in Swedish media late last week and elements of

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News

Press Release: Saab Automobile Informs Employees On Salary Payments

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) and Saab Automobile AB (Saab Automobile) announce that there is a risk of delayed payment of August wages to Saab Automobile employees as some of the funds that were committed by investors may not be paid in time to effect such salary payments. Saab Automobile is taking all necessary actions to collect these funds

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Editorial

Additional information regarding Swedish Automobile NV supervisory board remuneration

Further to information we circulated last week concerning reports in Swedish media: Last Thursday, we commented on the media headlines about raised remuneration to members of the Swedish Automobile Supervisory Board. In addition to what was said then, we can now clarify further: The board members have not received any compensation since January 1, 2010. The new fee will not

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Editorial

Wars of Perception

I was talking earlier this week with a prominent Saab person (a non-employee) about the situation Saab is in right now. He opined that there were two ‘Saab’ entities going around at the moment. One is the Saab that’s constantly the subject of automotive news reports, a company in desperate need of resources and constantly struggling to get to the

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Editorial

Saab comments on recent media

Earlier today we saw media headlines about raised remuneration to members of the Swedish Automobile supervisory board. These reports contain a number of factual flaws.< Firstly, the reports claiming that Mr Hugenholtz is the only person remaining on the supervisory board of Swedish Automobile are not correct. The three members (Hugenholtz, La Noce and Roepers) are all in place and

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Editorial

Brief comment on recent events regarding debt enforcement

For various reasons – legality and confidentiality – we can’t comment in detail on proceedings that are taking place from today via the Kronofogden enforcement agency here in Sweden. All I can do for the moment is simply repeat what I wrote earlier this week in an editorial on this site – The Deal and the Future: There are now

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News

Saab decision on Frankfurt Motor Show

Saab has decided that the company will not be present at the 2011 Frankfurt Motor Show. Presence at the show requires resources that Saab are currently allocating towards the restart of production in Trollhattan. Whilst it would be desireable to be at the show to help further Saab’s global presence, it is not considered an appropriate use of resources at

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News

Press Release: Swedish Automobile Issues Subscription Notice Under GEM Facility

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces today that it issued a subscription notice for 4 million shares under the current EUR 150 million equity facility between Swan and GEM Global Yield Fund Limited. The exact number of shares to be issued and the price thereof will depend on the pricing period which commences today. Swan and Saab Automobile AB

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