Bankruptcy averted for the time being the last years were for many companies a big challenge. Saab also had to struggle with the difficult economic situation. The Swedish carmaker could just avert bankruptcy and must now rely on a new effective approach to establish itself successfully in the market. The Exchange Portal boersennews.de discusses the latest developments. Who has invested in the Saab share, can breathe on for the time being. While the company had to contend in recent months with considerable difficulties, there is some hope again and at least the impending bankruptcy was averted. Thanks to a court decision for the protection of creditors of the company, Saab can put on a fresh start.
This was granted the automakers due to its despite promising opportunities. Parts of the factory buildings were sold, and now a new concept is to again provide for liquidity and a better market position in the future. To do this, an administrator was employed. With over 1,600 The Swedish company currently has debt amounting to a total of around 760 million euros to creditors. The company’s 3,600 employees also must regularly waiting for their wages. This was disbursed since April with delays due to the ongoing liquidity constraints. Saab was once regarded as a cult brand in Germany.
In recent years the sales figures in Germany are declined however. Could be sold in previous periods still several thousand vehicles, there were only 449 copies for the period from January to August 2011. More information: news /… University Service GmbH Lisa Neumann
