Over 1,000 may have to quit at Saab
The Local · 22 Feb 2005, 10:16
Published: 22 Feb 2005 10:16 GMT+01:00
The cutbacks are a direct result of the plans to streamline the Swedish Armed Forces.
"We will have to raise exports instead," commented chief executive Åke Svensson. He added that "much of Saab’s financial strength will be used for new international acquisitions".
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