Saab says it is in talks with a financial institution for the sale and lease back of properties in Trollhattan as it continues its manufacturing halt.
Production stopped last Thursday (7 April) and Friday as the automaker encountered supply difficulties and, although all 3,800 workers have returned to the Trollhattan factory, no vehicles are yet being made.
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Saab owner Spyker confirmed the sale and lease back talks today (11 April), adding any deal was subject to the approval of the Swedish National Debt Office.
“It [Spyker] confirms it is in discussion to secure finance, but it does not reveal with whom,” a Saab spokesman in Sweden told just-auto.
“The factory is not working and of course this is related to the current issue. All 3,800 [employees] are at work – there is always maintenance in the factory.”
A Spyker statement noted “further announcements will be made shortly” but as yet, there are no timing details.
The Debt Office guaranteed a European Investment Bank loan to Saab of EUR400m (US$578m), while speculation has centred on a possible involvement by Vladimir Antonov that could see the Russian businessman take up to 30% in the manufacturer.
