Unions File To Push Saab Into Bankruptcy
September 12, 2011 by UPI - United Press International, Inc.
TROLLHATTAN, Sweden, Sept. 12 (UPI) — A labor union leader in Sweden said a petition to have automaker Saab declared bankrupt does not mean the firm is out of the carmaking business.
“The bankruptcy doesn’t in any way get in the way of a future economic solution, which may come,” said Unionen Chairwoman Cecilia Fahlberg, Tidningarnas Telegrambyra news agency reported Monday.
“If money finds its way into our members’ bank accounts, the petition will be withdrawn,” Fahlberg said concerning wages that union members say are owned.
Struggling to find financing, Saab shuttered its plant in Trollhattan, Sweden, for most of the summer.
Two labor unions have petitioned to have a bankruptcy court review Saab’s finances. A union that represents office workers, the Swedish Organization for Managers, also says it is considering filing a petition with the bankruptcy court.