Monday, 27 June 2011

Saab says a big order means it can pay employee wages

The Swedish carmaker Saab has announced a big order from a Chinese company, which means it now can afford to pay its staff. Last week, the company said it was too short of cash to make the payments. Now it has said that the pre-payment on a 13m euro ($18m; £12m) order for 582 Saab vehicles would ...


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  • Saab runs out of cash to pay wages


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  • Saab unable to pay employee wages


  • Saab unable to pay employee wages ... the pending orders "represent a big boost to Saab’s inward cash flows, however we can’t ... "Collective Work" means a ...

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