Tag Archives: Anders Borg

Swedish Government Needs To Grant EIB Loan For Bidder, Failing To Do So Will Likely Result in GM Not Accepting Bid

Posted on 07. Jan, 2010 by .

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It has come down to this. The Swedish Government needs to grant the EIB loans to any of the interested parties so that they can buy Saab. Failing to do so, GM will likely reject all incoming bids.

It’s clear that when GM’s CEO indicated that the parties have not shown the money, they were really referring to the EIB loan. It’s the EIB loan that gives GM a secured funding source for a number of years.

If the Swedish Government think that all they need to do is provide more information to these parties and GM when they arrive on Saturday, they are totally mistaken. The Swedish Government needs to provide each party, an actual confirmation letter that they will be receiving the EIB loan within 90 days of closing a sales deal with GM. If they don’t do that, it’s pretty unlikely GM will again, accept any bid without it.

I strongly urge the Swedes to contact the Swedish Government and put the pressure on them to make this happen. The Swedish Government cannot afford to be indifferent to Saab Automobile any longer. It’s ultimately up to them. Time is of the essence.

If you are a Swede and you love Saab, you owe it to your country and to all of the people that have worked so tirelessly over the past year to ensure that Saab has a chance at survival.

CONTACT THE SWEDISH GOVERNMENT NOW!

Photo Credit: Regeringen

However, the decision makers for Saab Automobile AB appear to be the five individuals below, so copy and paste your message and get it out to all of them. This shouldn’t take more than 5 minutes of your time.

If you also want to call them directly through an international phonecall to really get through, you can call like others have requested Telephone Number (+46 08-405 10 00), and ask for the office of any minister you want to talk to.

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Industry Minister Maud Olofsson:

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send her a message directly to Minister Maud Olofsson as others have already been doing since yesterday.

Maud Olofsson, Näringsminister, vice statsminister
Telefon work 08-405 10 00
e-post till Maud Olofsson, via registrator
Eva Ankersjö, Assistent
Telefon work 08-405 80 70
Titti Aunér, Statsrådsassistent
Telefon work 08-405 45 82
 
Sweden’s State Secretary Joran Hägglund:

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Secretary Joran HÃgglund.

Jöran Hägglund
Statssekreterare hos Maud Olofsson
work 08-405 10 00


 
State Minister, Fredrik Reinfeldt

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to State Minister, Fredrik Reinfeldt.

Fredrik Reinfeldt, Statsminister
Telefon work 08-405 10 00

 
Social Minister, Social Party, Goran Hägglund

I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Social Minister, Social Party, Goran HÃgglund.

Växel work 08-405 10 00
Fax fax 08-723 11 91
Besöksadress work Fredsgatan 8
Postadress postal 103 33 Stockholm

 
Finance minister, Anders Borg, Anders Borg.

Anders Borg, Finansminister
Telefon work 08-405 10 00
I ask that you click on this link here (http://www.regeringen.se/sb/d/7452) and send a message directly to Finance minister, Anders Borg.

hans
Hans Lindblad, State Secretary
Telefon work 08-405 48 39

I ask that you click on this link here(Regeringen.se) and send a message directly to Hans Lindblad.

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Saab Automobile Has Prepared The Plan, GM Prepared to Inject The Money, Both Await the U.S. & Swedish Governments Decision on Tuesday, February 17th.

Posted on 16. Feb, 2009 by .

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According to Trollhättan, Sweden’s TTELA news company, Saab Automobile AB Sweden’s CEO, Jan Ã…ke Jonsson has finished the plan, GM is apparently prepared to inject the money up to $600 million from the EIB, but now both are awaiting the Swedish Government to provide their share of the $400 Million dollars.

Below is a rough translation of this article for your reference, if you can follow it:

Photo: Jerry Lövberg / TTELA.SE

jaj_300.jpgSaab has developed the plan. GM is prepared to inject money. Now the ball with the government. But it is urgent. Time is on its way to running out of Saab Automobile.

In the last working Saab’s CEO Jan Ã…ke Jonsson feverishly to get all the pieces in place, to convince GM and especially the Swedish government to support Saab’s survival plan.

As the clock is ticking on without any decisive event has changed from the grave to acute.

The pot is the company Saab and jobs. Many job. Perhaps the 15 000 jobs in the balance. Maybe even more.

On Tuesday leaving owner General Motors in its action plan to the U.S. Congress. It must be good, otherwise the whole GM aid package to save the group escape bankruptcy.

Where GM must also talk about what we can imagine with Saab.

Most TTELA spoken to agree that Saab-issue must be resolved before then. Otherwise, it’s hard to be positive about the outcome. Then the worst scenario of a very real threat.

The plan to save Saab there. It is developed by the company itself with CEO Jan Ã…ke Jonsson in the lead.
[…]

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Swedish University Professor Says GM Mismanaged Saab

Posted on 31. Dec, 2008 by .

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Rolf Wolff, the dean of the school of business at Gothenburg University in Sweden, who previously called for Saab & Volvo to be nationalized has said this about Saab as quoted by the BBC recently.

It’ll be interesting to see who will actually dispute this statement by Wolff, especially since GM is now telling Saab to find a buyer in the next 90 days.

“The bottom has fallen out of the markets for Volvo cars (owned by Ford) and Saab (owned by General Motors).

The government has been forced to provide a £2bn helpline to the industry and there is visible anger at the plight of Volvo cars and Saab, amid claims they have been mismanaged by their American owners.

“They have been owned by American companies who have not invested in their development,” says Rolf Wolff, head of the school of business at Gothenburg University.

“Both are very strong brands and they make very good cars, particularly in comparison with American producers. They have simply been badly managed.

Finance minister Anders Borg says that when the world begins to buy again, Sweden will be in a strong position to sell.

“We have done a lot in terms of investment in research, education and infrastructure. We have also done very important structural reforms, so I believe the Swedish economy will come out of this recession in a very good fashion – eventually.”

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Saab Automobile AB Asks For Financial Support From Swedish Government

Posted on 18. Nov, 2008 by .

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Photo Credit: Saab History / 2003 (Stockholm)

According to Auto Motor & Sport, Saab Automobile AB and Volvo have asked the Swedish Government’s finance minister, Anders Borg hat, for financial support for their respective automotive industries if General Motors goes bankrupt.

CNN Money has also confirmed this story, with a statement from Eric Geers, Communications for Saab Automobile AB Global. “Saab spokesman Eric Geers confirmed that his company is also talking with the government about potential support, but declined to be more specific.”

Trollhättan, Sweden is where the Saab brand started, and where the current Saab 9-3 Sport Sedan, SportCombi as well as the final year of the 9-5 Sedan and SportCombi are produced.

Here is a rough translation of the article from German to English thanks to Babelfish.

Sweden’s Ministers of Finance, Anders Borg Hat has on Monday (17,11.) stated that there are possible state aids for the heavy losses automakers Volvo and Saab have been announcing. Borg said in Stockholm with the conception of a new economic situation prognosis, ” purposeful management” could be necessary for the stabilization of the job market. It did not call details. Saab belongs along with OPEL of Germany, to the tightely connected US auto group, General Motors. Also Volvos mother company, Ford in the United States fights with high losses. Because of their traditional emphasis with premium passenger vehicles, the Swedish enterprises are considered endangered.

This also includes the SCANIA & Volvo truck section and suppliers about 150,000 workers are busy in the Swedish automobile industry. Borg explained, his government counts on a rise of unemployment from at present four per cent on up to 9,2 per cent in the year 2010.

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