Is it a thriller or a drama? What is happening in Sweden is currently without words. For Vladimir Antonov, all the doors seem to have closed. Final.
His spokesman Lars Carlstöm announced publicly today that Antonov's entry into Saab had failed. "In my opinion, the door for Antonov as a financier is now completely closed," he said to Dagens Industri.
It looks like the Swedish government and the Luxembourg EIB have decided against Antonov.
Why this decision was made is unclear, but readers on Saabblog.net can certainly think of the reasons. The last and only chance for our Russian Saab friend is now the final replacement of the Luxembourg EIB loan.
Antonov himself has, so I suspect, not so much cash to fish more than 200 million from the petty cash.
Last Exit: Our Chinese friends planning a meeting with Saab this week. The situation is burning, once again. Pang Da and Youngman as the last straw. Which is a very, very thick straw.
Swedish Automobile shares test lows again today. On the Amsterdam stock exchange, it was now quoted at € 1,37, now it's back at € 1.52. As wrote the reader “leifsaab”: brave brave who buys shares now. Yesterday I followed the discussion in Dutch investor forums. Opinions range from a total loss in mid-August, up to € 12.50 after the Chinese entered. So, please, only invest money that you can do without ... 😉
Because in Sweden the procedure of the trade unions follows again. The Union drums up the members and gets signatures for enforcement. Conveniently, you still have the not complete lists from last month. What could come is clear.
The Kronofogden is also putting pressure. As reported, there are 8 demands to be collected. The Kronofogden has now decided to take action. No wonder after the disaster of unpaid wages. The official must also be accountable for his decision. How does the old saying go? If something goes wrong - then right - or something.
Saab now gets mail from the enforcement officer again, then has 15 days to find a solution or pay. It is interesting that they are still in negotiations with Saab for companies that are carrying out the execution.
Okay, that was the business news from Sweden. And honestly, I can't hear it anymore. I want a solution to the problems - and please - quickly. Thank you.