https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Swedish Automobile, owner of under-pressure carmaker Saab, said Monday it had issued a subscription notice for four million shares under an agreement with US-based GEM Global Yield Fund Limited. https://www.thelocal.se/20110815/35552 Mon, 15 Aug 2011 14:04:00 +0200 35552 Five days after Saab employees learned they wouldn't receive their salaries for July, the troubled Swedish automaker has yet to update workers about the situation as union members take steps to force the company into bankruptcy. https://www.thelocal.se/20110801/35292 Mon, 01 Aug 2011 19:42:00 +0200 35292 The European Investment Bank on Thursday confirmed a loan to Swedish carmaker Saab was approved on condition Russian businessman Vladimir Antonov did not take over, a report said. https://www.thelocal.se/20110729/35226 Fri, 29 Jul 2011 09:34:00 +0200 35226 Saab Automobile has plans to replace a 2.2 billion kronor ($346.6 million) loan facility from the European Investment Bank (EIB), allowing Russian businessman Vladimir Antonov to step in as owner, according to a report in the Dagens Nyheter (DN) daily. https://www.thelocal.se/20110725/35150 Mon, 25 Jul 2011 15:34:00 +0200 35150 The future of cash-strapped Swedish automaker Saab remains uncertain after doubts emerged over the finances of potential investor Vladimir Antonov and the revelation that the company has substantial tax debts. https://www.thelocal.se/20110713/34912 Wed, 13 Jul 2011 16:32:00 +0200 34912 The Swedish government has approved Saab’s property sale, according to a statement issued from the ministry for enterprise and energy on Thursday. https://www.thelocal.se/20110707/34790 Thu, 07 Jul 2011 11:52:00 +0200 34790 The future of Swedish car maker Saab was thrown back into doubt without a way into the crucial Chinese market, after a funding deal for the Saab-Spyker group fell through on Thursday. https://www.thelocal.se/20110513/33748 Fri, 13 May 2011 09:50:00 +0200 33748 There are still uncertainties regarding new financing arrangements for cash-strapped Swedish carmaker Saab despite Tuesday’s announcement of a 'strategic partnership' with Chinese Hawtai Motor Group. https://www.thelocal.se/20110504/33582 Wed, 04 May 2011 19:28:00 +0200 33582 Beleaguered Swedish carmaker Saab Automobile remains in limbo pending confirmation of a deal to sell property holdings to raise cash, as the European Investment Bank (EIB) is seeking further assurances, according to a report in the Dagens Industri (DI) daily on Thursday. https://www.thelocal.se/20110421/33346 Thu, 21 Apr 2011 16:11:00 +0200 33346 A supplier to Swedish carmaker Saab said Friday it had resumed deliveries to the brand, sold last year to luxury Dutch carmaker Spyker, because of unpaid bills. https://www.thelocal.se/20110401/32950 Fri, 01 Apr 2011 11:00:00 +0200 32950 An emergency loan vital to completing the sale of Saab Automobile has been held up by questions from the European Commission, possibly jeopardizing the proposed deal. https://www.thelocal.se/20091104/23078 Wed, 04 Nov 2009 17:29:00 +0100 23078 Saab Automobile has received permission to borrow 4 billion kronor from the European Investment Bank, the bank’s board revealed on Wednesday. https://www.thelocal.se/20091021/22792 Wed, 21 Oct 2009 16:49:00 +0200 22792 The Swedish government notified the European Commission on Monday that it was prepared to guarantee the 4 billion kronor ($570 million) loan that troubled automaker Saab is seeking from the European Investment Bank (EIB). https://www.thelocal.se/20091006/22482 Tue, 06 Oct 2009 09:05:00 +0200 22482 The Flemish government has responded positively to an appeal from Volvo Cars CEO Stephen Odell to support its Belgian operations. https://www.thelocal.se/20090525/19640 Mon, 25 May 2009 11:57:00 +0200 19640 Following a breakdown in talks between Volvo Cars and the Swedish government over loan guarantees, the automaker now plans to ask authorities in Belgium for help securing a loan from the European Investment Bank (EIB). https://www.thelocal.se/20090514/19446 Thu, 14 May 2009 13:18:00 +0200 19446 A bid by Volvo Cars to secure a €200 million ($266 million) loan from the European Investment Bank (EIB) fell apart after talks with the Swedish government broke down, the company said on Thursday. https://www.thelocal.se/20090507/19308 Thu, 07 May 2009 15:09:00 +0200 19308 Swedish car maker Volvo Cars, and truck makers Volvo Trucks and Scania, have secured loans totalling €1 billion ($1.26 billion) from the European Investment Bank (EIB), it was announced on Wednesday. https://www.thelocal.se/20090311/18130 Wed, 11 Mar 2009 11:30:00 +0100 18130 Senior General Motors executive Bob Lutz has suggested that a solution to the problems faced by Swedish car firms Volvo and Saab would be to merge them. https://www.thelocal.se/20090303/17960 Tue, 03 Mar 2009 13:06:00 +0100 17960 Volvo Cars is likely to get support from the Swedish government in its request for a substantial loan from the European Investment Bank (EIB). https://www.thelocal.se/20090224/17808 Tue, 24 Feb 2009 17:38:00 +0100 17808