The district court in Vänersborg has decided to end the reconstruction for NEVS. In his decision, it sees the goal of the reconstruction achieved, and dismisses NEVS from the process.
NEVS has been around since the 29. August 2014 in reconstruction. Thus, the debt haircut is final, the company has 60 days, until it has to serve the first part of its liabilities.
Attorney Lars Eric Gustafsson will accompany the company's development and ensure that commitments are met. Trade unions and the Association of the Swedish Auto Industry commented positively on the end of the procedure. It is expected that NEVS will now rapidly complete negotiations with potential partners.
Times could be exciting. On Monday it was read in the local newspaper that the future partners "coming from another corner than expected". Hmm We are open to any kind of surprise if it is positive.
With Stefan TilkFormerly with Volvo Trucks and Volvo Buses, NEVS will in future strengthen the management team with a member of the auto industry. A good sign for a new beginning in the stablebacka.