Press releases 21 December 2011

Saab employees to get salaries before Christmas

The receivers for Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB (Saab insolvency) announce that salaries for Saab employees will be paid out starting today, 21 December 2011. Salaries should, therefore, be in employee’s accounts by Friday 23 December at the latest.

– During these early days, we have worked intensively to ensure that salaries are paid before the Christmas holiday and are pleased to be able to announce this today. Everyone involved has acted swiftly and there has been a great deal of focus on this task since we were appointed in this matter.

– As previously notified, our work now continues in reviewing the assets and liabilities of the bankruptcy estate to identify the best possible course of action as the process moves forward.

Hans L. Bergqvist              Anne-Marie Pouteaux

Press release: Saab employees to get salaries before Christmas >>