Update 19: 29
LaboTest AB, which supplies equipment for laboratories and production equipment, filed an application for bankruptcy for NEVS at the District Court of Vänersborg. It's about a sum of 150.373 Swedish kroner.
The bankruptcy filing itself was not made by LaboTest AB, but by the company's financial services provider, Svensk Direktinkasso. The manager of LaboTest AB, Håkan Bodin, was surprised by the process in the evening opposite the Swedish television. LaboTest AB checks the withdrawal of the application.
Anyway, a border was crossed today. In the meantime, 113 creditors have filed claims for about 5 million €. NEVS now has time to settle its debts until the hearing in Vänersborg court in September. NEVS regretted the situation in the evening and denied being insolvent. The assets are well above the liabilities, but there are no liquid assets available. One way to settle debts in the short term is the further mortgaging of assets. In addition, they are negotiating with two international financiers to ensure long-term financing.
The possible NEVS bankruptcy could now develop into a political issue, because in the meantime the first media ask if NEVS was the right buyer for Saab. A topic that carries explosives of a political nature and that could decide the political orientation in Sweden. On the 14. September are elections to the Swedish parliament, the election campaign knows only one topic: jobs.
The incumbent government promises 250.000 new jobs, at the same time disappear in Trollhättan in one fell swoop around 600 jobs. For buyers and investors now would be the chance to get started before it's too late. Dramatic times!