IF Metall calls on the Swedish government to let in Antonov as partner in Saab


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Friday, 24 June 2011
After yesterday's problems with missing wages payments to Saab’s worker, the Union of the workers of the automotive sector, IF Metall is now calling on the Swedish government to do all it can to allow the Russian financier Vladimir Antonov to be part of the Saab’s organisation.

They want the government to allow the Russian businessman Vladimir Antonov to be permitted to invest in Saab.
The government must work to ensure that the EIB, the European Investment Bank, will change its mind and accept Antonov who has money to pump into the ailing company, according to the IF Metall Federal Chairman, Stefan L�fven.

“What is it that makes Antonov not allowed to enter the company? There are several studies showing that there is no obstacle. If they conclude that are some, then they should come out and tell me what it is,” he says.

IF Metall think that the Swedish government should take the lead in requiring clearance by the Bank.
“IF Metall has no clear information from the EIB regarding why people don’t agree to Antonov. To answer this question Stefan L�fven thinks that it is important that the Swedish government takes a more active role.

According L�fven, the government has taken no position for or against Antonov. L�fven thinks that the government should listen to the Debt Office's approval of Antonov and work for him to become investors in the Saab.

Even Lars Carlstr�m, Vladimir Antonov Swedish spokesman, criticized the government, but for another reason.
“It is premature to say that he is not welcome, it would be a political loss to change their minds, so why choose to do nothing,” says Carlstrom.
Mr Carlstrom has been one of those who has said that government want to eliminate Saab from the Swedish industrial sector.

From the government side, they are left with the message that arrived earlier. If the EIB and the previous owner, GM, agree to Antonov to become shareholders in Saab the government should also do so.

According to the government it is the EIB and GM who had previously opposed Antonov as a partner.
Erik Bratthall, Press Secretary to Maud Olofsson, also says that IF Metall's move is unfortunate:
“It does not benefit Saab's interest to bring this kind of debate in the media. IF Metall may not have all the information they need to criticize the government” says Bratthall.

But again IF Metall has asked the government to spill out to him as to why Anotonov is being rejected when he has money to inject into the company and all other responsible parties feel that he is fine.

Talking about money, Saab’s boss is in the USA to meet with GM officials to seek funding.
According to information from Saab, his visit has to do with his continuous drive to find new money.
By Team

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