February 12, 2012
Published: 4 Dec 09 16:32 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/23660/20091204/
Prospective Saab buyer BAIC has received approval for a loan of 20 billion Yuan, approximately 20 billion Swedish kronor ($2.9 billion), from the Bank of China.
What do you think? Leave your comment below.
Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ »
Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (4 COMMENTS) »
H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »
The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »
Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (5 COMMENTS) »
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »
Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »
The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »
Emergency services in Gothenburg have come under fire recently after it came to light that a fire station had been renting out rooms to visiting colleagues. READ (2 COMMENTS) »
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers. READ (2 COMMENTS) »

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
| 11/02 | Security Software Developer Clavister |
Örnsköldsvik |
| 11/02 | Test Engineer Clavister |
Örnsköldsvik |
| 11/02 | Press Secretary Vattenfall |
STHM |
| 11/02 | Area Product Manager Denmark Anton Paar Nordic AB |
Köpenhamn/Odense |
| 11/02 | Executive Assistant Vattenfall |
STHM |
| 10/02 | Key Account executive - Mass (Sweden) Singer Danmark A/S |
Stockholm |
| 10/02 | Q-Med is looking for a Product Manager for Restylane skinboosters Q-Med AB |
Uppsala |
| 10/02 | YOUNG TALENT PROGRAM - DEVELOPMENT ENGINEER Tetra Pak |
Lund |
| 10/02 | Nordic Customer Quality Manager TE Connectivity |
Gothenburg |
| 10/02 | Graduate Programme BAE Systems |
Örebro |
Your comments about this article:
The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.
Come on Local. Get serious! Sigh.
I'll save people the effort of doing the research I did.....BAIC is Beijing Automotive Industry Corporation....courtesy of Reuters, a real news organization.
A few jobs might survive at Trollhättan, but I can't see there being many.
It'll be a hard knock for the city, and although it's not the government's role to bail them out - during the transition period Saab's suppliers may be helped by support to restructure and find new customers and markets. When MG Rover went in the UK, the DTI put money into the Advantage West Midlands scheme, with some sucecss in helping e.g. plastic moulding companies to switch from car parts to mobile phone casings, etc. Many of them had just been making car parts for so long they'd never even considered they could just as easily target other newer (and more profitable) industries..
soviet union during the sixties? What does it have to do with that??? So France if comunist cos the state owns carmakers, right?