Saab Crisis: IF Metal calls for clarity from Saab

The Chairman of the Swedish Metalworking Union, Stefan Löfven, demands clarification from Saab about the demands of the EIB. He believes that the existing uncertainty makes the situation even worse for the company and its employees.

According to press reports, EIB Saab requested on Maundy Thursday to repay the already partially disbursed loan over 90 days. For this, the EIB agrees to the desired real estate deal. So far, about 220 million have been paid out to Saab. There is no clear opinion from either Saab or the EIB.

Without agreement with the EIB, Saab does not get the urgently needed bridging loan to start production. Saab has rejected the EIB claims, which is not yet confirmed.

Source: IF Metal

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