When it comes to Saab, it seems that for every dollop of good news that trickles out from Sweden there are multiple bad news.
On Tuesday, the cash-strapped Swedish automaker said that its white-collar workers will not receive their next payment (at least not on time) because the company has not yet been paid by its investors.
Saab’s parent company, Swedish Automobile N.V. issued this short statement on the matter:
“Swedish Automobile N.V. (Swan) announces that Saab Automobile AB (Saab Automobile) has delayed payment of the wages to its white-collar employees as some of the funds that were committed by investors were not paid in time to effect such salary payments. Saab Automobile is taking all necessary actions to collect these funds and continues discussions with various parties to obtain additional short-term funding so that the payments can be made.”
The news comes only a few days after Saab managed to resolve an issue with one of its unpaid suppliers that filed for the bankruptcy of one of the company’s subsidiaries, Saab Tools.
