SAAB

NEVS will be applying for an extension of the reorganisation

Swedish Radio P4 West  reported earlier this morning that NEVS will be applying for an extension of the reorganisation with the Vänersborg district court on Monday 1 December.

We will submit the application on Monday, that’s all I can say right now, says Mikael Östlund, Communications at Nevsfor P4 West.  Now it is up to the district court to decide on Nevs reconstruction, a form of bankruptcy protection may continue for three months or not. Car production in Trollhättan stopped in May after Nevs been a lack of money.

 

Optimism

Time is running out for the troubled Nevs. Employees have lost hope, but it has not Stefan Larssonfrom IF Metall trade union.  He is hopeful that Nevs will bring about an agreement with the prospective financiers. There are opportunities for continued reconstruction, he says.

“It will definitely make it. I can not comment on the transaction. But from what I’ve seen, it looks very good.”


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