Zeewolde, The Netherlands, 22 July 2011 - Swedish Automobile N.V. confirms that one of the suppliers of Saab Automobile Tools AB (Saab Tools) filed for bankruptcy of Saab Tools, a subsidiary of Saab Automobile AB. The District Court has received the filing, but has not yet rendered a judgement which is expected in a few weeks. Saab Tools is currently assessing the issue and aims to resolve the issue as soon as possible.
no loss. Substitutions will find them. The other sub-contractors will enter the final fight for survival Saab else for them do not get paid for Saab bankruptcy. Saab will survive, SWE needs work
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