May 26, 2012
Published: 25 Mar 10 07:47 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/25718/20100325/
Swedish carmaker Saab aims to expand production sixfold over the next two years, and outlined plans to increase its workforce by 500, the firm's new owners, Spyker Cars, said on Wednesday.
What do you think? Leave your comment below.
The CEO of Swedish defence contractor Saab claimed on Friday his phone had been bugged during talks with Switzerland about Saab's sale of 22 Gripen fighter jets. READ »
Moody's Investors Service on Thursday downgraded its long-term ratings on three Swedish banks, believed to be at risk if the European financial crisis deepens. READ (8 COMMENTS) »
A woman is suspected of theft after she dropped a stash of 1,000 kronor ($140) banknotes in southern Sweden and then fled the scene, while local residents rushed in to gather the loot that was blowing in the wind. READ (3 COMMENTS) »
A gang of Lithuanian diaper smugglers is using Sweden as a transit country to ferry cheap nappies bought in Norway for resale at a stiff markup in eastern Europe. READ (16 COMMENTS) »
Nearly 17 million foreign tourists visited Sweden in 2011, and almost all of them enjoyed their stay, according to a new report. READ (1 COMMENT) »
Police are searching for the men involved in a dramatic highway robbery in Stockholm on Tuesday night, in which one car was stolen at gunpoint and an armoured transport vehicle was rammed. READ (9 COMMENTS) »
Swedish-Danish dairy giant Arla plans to merge with both a German and a British dairy cooperative in a bid to become the largest dairy company in the UK. READ (4 COMMENTS) »
Swedish budget airline Skyways Express has cancelled all flights after it and its City Airline subsidiary filed for bankruptcy on Tuesday morning. READ (3 COMMENTS) »
Sweden's historically generous social safety net isn't as robust as it once was, according to a new report, which reveals Sweden has fallen below the average for many other developed countries when it comes to various types of social insurance. READ (39 COMMENTS) »
An error involving a Swedish printing press has turned into a very expensive headache for South African central bank officials who have been forced to destroy millions of dollars' worth of faulty banknotes. READ (4 COMMENTS) »

Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »
August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »
| 25/05 | Ansvarig Säljare för UtomhusbelysningGE Home & Business Solutions | Stockholm |
| 25/05 | Automation EngineerBombardier Transportation | Västmanland |
| 25/05 | Brand Protection Specialist - Online Intellectual PropertyMelbourne IT Digital Brand Services | Stockholm |
| 25/05 | Business ControllerSwedbank | Stockholm |
| 25/05 | Business ManagerMichael page | Västra Götaland |
| 25/05 | Business ManagerMichael Page | Göteborg |
| 25/05 | Business Unit ControllerMichael Page | Stockholm |
| 25/05 | Business Unit ControllerMichael Page | Stockholm |
| 25/05 | CFO - Swedish Legal EntityMichael Page | Stockholm |
| 25/05 | CFO - Swedish Legal EntityMichael Page | Stockholm |
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.
I hope SAAB goes from strength to strength.
This from the 2007 report.
So Spyker is (A company that also runs at a constant loss, who purchased a bigger company with bigger debts which also runs at a loss since 1989) big plan is to make even less cars to sell than in 2007 (Where SAAB LOST 3 Billion Kronnoe, yes that is Billion with a "B") and hire 500 more people to do it with. Yeah that math works!
Truth is the world has hit saturation point when it comes to car manufacturers...and the to employ someone in the Nordic countries costs companies BIG $$$ compare to other countries. Companies like SAAB should have invested in new engine technology to produce greener cleaner world or dare we hope engines that turn water into Hydrogen....for the companies that do this, will then be producing for most of the world.
It is a good thing the Swedish government choose not to bail SAAB out again....because when this farce of "we will build more cars and sell more cars and employ more people" with two companies that couldn't get credit for a visa card with the debts and bad credit line they have finally plays out....it will not be us directly paying for it.
So you are an expert on the auto industry as well as the sex industry, your knowledge is seemingly limitless.
Spy, must you always resort to personal insults? Graeme have you plenty of material to refute based on the merit of its content, but you choose to insult instead.
good value cars sell well and foster good will to buy !
as long as they have got away from the American business model of selling something crappy so that they make money on spare parts and replacing it when it dies after two years! quality not quantity of product not money!
there is a saying in my country "greedy will get you in a mess"
I guess your religious belief in the inevitable success of Saab isn't backed by any logical reasons that you can tell us about.
Well done for knowing what a hominem attack is - I always thought you were a philistine.