Around 100 of Nevs creditors , as the company has liabilities, were now in place in the session hall of the town hall in Vanersborg. They were collected seed known as the creditors’ meeting, which is part of the reconstruction, and there decided Vänersborgs District Court at noon to Nevs reconstruction will continue until the end of November.
– There will be up to the 29 November, said chefsrådmannen Niclas Johannisson.
The decision to continue the reconstruction was expected, according to Nevs CEO Mattias Bergman. The goal is to clear the negotiations with the two companies before the end of November.
– Our goal is to complete negotiations within the time period, not having to come back and ask for extension of the reconstruction period, says CEO Mattias Bergman.
Reportedly to P4 West negotiates Nevs with Indian Mahindra and Chinese Dongfeng, who are interested to join as a partner and collaborate on the development of new cars on the Phoenix platform.
How much money do Nevs to survive?
– There are two things you look at. One is to pay off debts and refinancing of the daily operation. There is relatively little money in this context. The big money is in the product development and launch of the new products. There will be many billions invested. It’s double-digit billions, says Bergman
The future plan is that two years after a new owner is in place to launch four new models that will be based on the Phoenix platform.
– We want a wider of products than Saab Automobile had said Mattias Bergman.
But there are several obstacles to get there. Then in May, is the production of the factory still, Nevs has payables of nearly half a billion dollars and defense company Saab AB has withdrawn the right of Nevs to use the Saab brand.
– We have known all along that when we take In a new majority owner so should the principal shareholder approval of Saab AB. It’s a dialogue we continuously. It is a decision which Saab AB will take, we look favorably on it.
What would happen if they say no?
– We put our focus for it to be yes, says Bergman.
The cost of running Nevs during the reconstruction is about 35 million dollars a month, money that Nevs get from four different sources.
– The first and main source has been the current owners lend money to the company, the other part is that we have borrowed in the Swedish market, the third is that we sell such as spare parts and the fourth is that once we are done with a agreement with the new vehicle manufacturers, they will go in and take their share of the cost of the restart, says Mattias Bergman.
Shoots carmakers any money for reconstruction if needed
– Not until the moment a contract is determined.
How do you see it?
– You have a full understanding of it. The fact that the banks do not act that way, but once a decision is taken and there is an agreement so they take their responsibility, says Nevs CEO Mattias Bergman P4 West.
Vänersborgs district court appointed today also a creditors’ committee with representatives from the suppliers Nevs owe. The Committee shall have transparency in Nevs work and act as advisor to the administrator.
The subcontractors were pleased that the reorganization was continued and many gave thumbs up to Nevs rescue plan. It also includes a plan B – to build cars for other automakers, and thus become a contract manufacturer.
– But the main track is negotiations with the two carmakers, summarizes Mattias Bergman.
Oskar Lodin
oskar.lodin@sverigesradio.se
0522- 67 00 49
No comments:
Post a Comment