SAAB

Nevs – Light at the end of a tunnel?

Saab Nevs NewsSaab Nevs News

National Electric Vehicle Sweden (NEVS) moved a step closer to exiting bankruptcy protection after a Swedish court approved Monday a write-down of debt owed to suppliers.

Following the ruling by the Vanersborg District Court, NEVS said it planned to complete its reorganization process, which began in August, by next month. NEVS has estimated the debt at around 400 million kronor (47 million dollars). Of Saab‘s 574 creditors, most are to receive full payments of up to 500,000 kronor (60,000 dollars), while around 100 of them will see claims over 500,000 kronor reduced by 50 per cent.

At Monday‘s court session, 98.2 per cent of the creditors – representing 98.6 per cent of the total debt – approved the write-down.

Continue reading after the ad
Goran Aničić
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.

Leave a Reply