In Stockholm, the negotiations continue with Youngman, yesterday reported friends from a critical period. There are no details, results are not. Victor Muller continues his attacks on Lofalk and wants to release the administrator for replacement. A statement should go to the court in Vänersborg.
Replacing Lofalk as an administrator is one thing, continuing the reconstruction is the other thing. For this you need liquid funds in the account and unfortunately still missing. Salaries, Muller says, have priority. But in sight, the pay and salary payments are not. This leads to an emergency for the Saab employees now in the middle of the Christmas season. Emergency loans are organized through the unions. A sad thing.
In Sweden, there is more and more discussion about how to proceed after a Saab bankruptcy. The opinion is almost clear, just not in detail. The bankruptcy will not be the end, there will be a new beginning for Trollhättan. That there are several parties with interest is clear. Not everyone wants to continue the vehicle construction.
In Sweden, there is a consortium that wants to continue the Saab factory as a supplier operation in the field of automotive technology and as a think tank. A life after bankruptcy, we will see.
That Muller takes the turn, less and less believe in Sweden. My friends in Stockholm are similar, since the beginning of the crisis, optimism has steadily dropped. Now we have reached a low.
The SWAN stock should have responded to Muller's plans. Because after what became public Swedish Automobile remains to 100% owner of Saab and the car maker gets a lot of money from China. The stock does not care, it barely moves. Developments on the stock exchange anticipate the future, as we know.
Time for Muller to produce positive messages. We are waiting.