NO – to NEVS reorganization

Vänersborgs District Court today decided to reject the National Electric Vehicle Sweden AB`s application for reorganization.

The district court determines that the information in NEVS application for the intended financial solutions appear to be vague and is completely undocumented. There is no such reasonably precise information on the funding needs over time, and when and in what amount funds may be received.

The District Court also considers that it is clear that NEVS not have secured liquidity to meet its obligations under reconstruction. NEVS has not provided such information to the realism of the company’s expectations to fulfill obligations can be assessed.

Source: Vänersborgs tingsrätt – NEVS AB

Tags:NEVS NEVS reorganization Saab

Goran AničićAugust 28, 2014

the authorGoran Aničić

For over 15 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.