TTELA Reports EU Closer To Saab Decision

Posted on 23. Nov, 2009 by Ryan in 2000-2009

Trollhattan, Sweden’s TTELA reports that the EU Commission is getting closer to completing the Saab sale to the Koenigsegg Group.

Here is their report below translated by google.

EU closer Saab Decision

TROLLHÄTTAN A decision by the EU on Saab’s loan application will be closer, since the Ministry of Industry of the week provided the Commission with additional information.

Since the documents are submitted in both Wednesday as Thursday, the commission may now be obtained throughout the support you need to take a decision in the Saab case.

- We hope so, but we’ll see. We have done everything we can to expedite this matter, “says Bengt Wenner Stein, scientific councils of the Economy Ministry.

Tags: Automotive Component Group, Bengt Wenner Stein, Economy Ministry, EU Commission, European Union, Koenigsegg Group, Ministry of Industry, Sweden, TTELA