- - -

JOBS

EXECUTIVE JOBS

INVEST IN STOCKHOLM NEWSLETTER

SWEDISH WIRE NEWSLETTER

EMBASSIES/
CONSULATES
IN SWEDEN

RSS FEEDS

STOCKS

FLIGHTS, HOTELS AND HOLIDAYS

- - -
Investment opportunities

Tips from an insider: Five innovative tech startups

Tips from an insider: Stockholm tech start-ups

5 hot life science firms in Stockholm

Stockholm's top five infrastructure projects

Four Stockholm-based ICT firms to watch

Stockholm pioneers life science research

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

- - -
Rankings and surveys

Sweden tops English-language skills ranking

Sweden ranked world's best country to grow old

Swedish passport world's best for travellers

Sweden second best country for mothers

Stockholm climbs in competitiveness rankings

Sweden among best countries to be born

Fortune: 'Stockholm top place for startups'

Sweden tops first global Web Index

Sweden world's second most innovative country

Stockholm world's 6th 'best city'

'Cool Stockholm' most competitive Nordic capital

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

The Swedish Wire is a media production company that provides high-quality text, image and video content for international clients.

India’s Mahindra investing in Saab?

Saab owner Nevs hunted by Sweden's Enforcement Service amid

China's National Electric Vehicle Sweden (NEVS) has halted output of its Saab car due to a shortage of fund, it said last month. Now the piles of debts are growing at the Swedish Enforcement Service.

But two potential Asian investors could be the solution for the troubled company that rescued Saab from bankruptcy. One of them is India’s Mahindra & Mahindra, technology magazine Ny Teknik said without specifying source for the news.

Also other Swedish media name Mahindra as a potential suitor.

Swedish Radio P4 Väst said that several sources have said that Mahindra will become a new part-owner of Nevs amid the investment.

"To solve the economic problems, Nevs is negotiating with Indian Mahindra about a collaboration", it said.

Founder Anand Mahindra has said he remains on the lookout for potential western acquisitions after aborted interest in buying car brands including Aston Martin and Sweden’s Saab in recent years, Financial Times said.

On May 22 the car maker launched a production shutdown at its factory in Trollhättan.

"The reason is that NEVS' part-owner Qingbo Investment Co. Ltd has not fulfilled its commitment to, when necessary, finance NEVS' activity," it said in a statement. "NEVS is therefore making a temporary and controlled halt of production, which hitherto has been six cars per day, and is reducing agency staff."

Qingbo is the investment agency of the city of Qingdao, which bought a 22 percent stake in NEVS last year, Reuters said, and has ordered a fleet of 200 electric Saab vehicles for the Chinese city.


No date for when production may start again has been provide.

 

Last Updated (Friday, 13 June 2014 14:14)

 

Latest Jobs for English speakers in Sweden

Banner

Jobs for English speakers in Sweden

Banner
Banner
Most Read Searched  
Banner
Banner
Banner