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Saab short-term financing by Chinese companies to escape the edge of bankruptcy-glow plug,spark plug
 

Swedish automaker Saab Automobile Parent Company (formerly the Dutch Spyker car company) on June 27 announced that it has received sufficient funds to pay staff wages, and also owed some money parts suppliers.

    Muller, CEO of Swedish car (VictorMuller) said in a statement: "I am very pleased to announce the short-term financing agreement, the money will allow the Saab car company to pay its employees at the end of this month's wages."

    It is understood that Saab Automobile company was admitted on June 23, the company unable to pay the wages of its 3,700 employees. After the company workers' union warned that if two weeks is still unable to pay wages, trade unions will be forced Saab insolvency liquidation procedures to obtain wages for employees.

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