Another hot air from Saab? Billions on the way to boost flagging Saab financial resources! Where and when have we heard this before?


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Thursday, 01 September 2011
Saab Automobile is close to getting a loan of Skr1 billion, according to U.S. media reports.
"I think that Saab will communicate something soon," said Andrew Carlstrom in Russian Converse Group.

Saab's CEO, Victor Muller is reported to race against time to rescue the bleeding automaker. Now according to the Swedish business daily, Dagens Industri  three sources told news agency Bloomberg that Saab is about to get a loan of Skr1 billion. The loan was reported to come from one of Europe's five largest banks, according to one of the sources reports Dagens Industri. 


The Swedish spokesman of the Russian financier, Vladimir Antonov who has been trying tri invest in Saab for many years, Lars Carlstrom to Dagens Industri  on a new funding for Saab that :
"Saab is working on several promising solutions. I think that Saab will be communicating something soon. There is absolutely a good chance as I see it."

It is not the first time that “promising” signs have gone through the radar of Saab about financial sources and solution (s) for its financial problems.  But the spokesman says that this information he has is strong but he cannot give more details about it, “unfortunately. It is a Saab Question and I'm not Saab. I can not get into the discussion."

Talking about the eminent bankruptcy for Saab, he said that “there is still hope. We have been informed of interesting solutions that look promising. But it really hard to say there are credible and good solutions that work."

"You can compare the Saab with a farmer. They have sown, crops are growing up, but it has not reaped. Therefore, the prospects are good. Jaguars were in the same vulnerable position a few years ago. The company is now making a profit of Skr10 billion. "
By Team

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