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PP42 April 2012

Saab reaches Chinese agreement to pay suppliers

20 May 2011

Source: Supply Management


Swedish car firm Saab has agreed on a deal with Chinese investors that will help the firm pay its suppliers after production at the vehicle’s factory in Trollhättan in Sweden had stopped for more than a month.

Production lines at the carmaker’s Trollhättan factory had been suspended because suppliers were unhappy about their payment and supply terms.

Read more here.

 

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