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Saab To Restart 9-3 Sedan Production Two Years After Bankruptcy

The new owners of Swedish car maker Saab, National Electric Vehicle Sweden AB, will restart production of the 9-3 sedan on Monday at the Trollhattan factory in Sweden, a NEVS spokesman said on Friday, Reuters reported. The 9-3 sedan will be powered by a ...

Daily Headline - global.abi.org - 12/02/2013 - 01:20 - 0 comments

Volvo Announces $780 Million Restructuring Programme

Sweden's Volvo Group, the world's second biggest lorry manufacturer, announced Tuesday a 5 billion kronor (580 million euros, $780 million) restructuring plan over two years, the Economic Times reported. "The programme encompasses both ...

Daily Headline - global.abi.org - 09/24/2013 - 22:38 - 0 comments

Sweden Detains Ex-Saab Executives In Tax Investigation

Swedish prosecutors have questioned the former head of bankrupt car maker Saab and two others in an investigation into suspected tax offences relating to the running of the company, officials said on Tuesday, Reuters reported. Prosecutors are looking int ...

Daily Headline - global.abi.org - 05/21/2013 - 21:56 - 0 comments

Ex-Saab Executives Arrested On Accounting Charges

A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges, the Associated Press reported. Prosecutor Olof Sahlgren says the three are "suspected of aggravated attempts to avoid t ...

Daily Headline - global.abi.org - 05/20/2013 - 23:02 - 0 comments

Sweden Cracks Down on Traders Ignoring Bond Rules

Sweden’s financial watchdog will stop turning a blind eye to traders who have ignored a rule requiring them to report company bond prices as the regulator seeks to improve transparency in a growing market, Bloomberg News reported today. The Swedish Finan ...

Daily Headline - abi_admin - 01/02/2013 - 10:09 - 0 comments

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE on the application of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings The European Commission has p ...

Resource Article - twallace@abiwor... - 09/19/2013 - 09:44 - 0 comments - 1 attachment

Airline SAS's Survival Talks With Unions Extended Into Monday

Troubled Scandinavian airline SAS and its labor unions on Monday pushed on with talks aimed at ensuring the group's survival and avoiding bankruptcy after a midnight deadline for a deal passed, The Chicago Tribune reported on a Reuters story. Th ...

Daily Headline - global.abi.org - 11/18/2012 - 21:23 - 0 comments

Scandinavian Airline SAS Sets Restructuring

SAS AB on Monday said it would cut salaries and more jobs as part of a new restructuring plan that is dependent partly on the support of labor unions, as the Scandinavian airline carrier tries to convince investors of its long-term future, The Wall Str ...

Daily Headline - global.abi.org - 11/12/2012 - 23:37 - 0 comments

GM Dismisses Claims In Spyker's $3 Billion Lawsuit Over Saab

General Motors Co on Friday dismissed claims made in a $3 billion lawsuit filed by Saab's parent that the U.S. automaker deliberately bankrupted the Swedish company by blocking a deal with a Chinese investor, Reuters reported. GM, in a response file ...

Daily Headline - global.abi.org - 09/30/2012 - 21:59 - 0 comments

Spyker Sues GM Over Saab Bankruptcy

Spyker NV, the owner of Swedish car maker Saab Automobile AB before its financial collapse late last year, Monday said it has filed a $3 billion lawsuit against General Motors Co. claiming the U.S. car giant drove the Swedish company into bankruptcy, T ...

Daily Headline - global.abi.org - 08/07/2012 - 01:03 - 0 comments

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