jeudi 28 juillet 2011

from Wall street journal

STOCKHOLM (Dow Jones)--Swedish car maker Saab Automobile AB must pay its workers within 14 days to avoid bankruptcy, the general counsel at labor union Unionen said Wednesday after the cash-starved company failed to pay employees on time.
The union, which represents 1,000 of Saab Automobile's approximately 1,600 white-collar employees, has started gathering members' pay slips that haven't been honored to prepare requests for payment that will be sent to Saab Automobile. When Saab Automobile receives the requests, likely sometime next week, it will have seven days to pay the claims.
"We're not doing this because our members want to see Saab Automobile bankrupt, we're doing this to guarantee their income and make sure they can take part in the state wage fund," Unionen's Martin Wastfelt told Dow Jones Newswires.
Employees in Sweden are entitled to payment from the state wage fund if their employer has gone bankrupt, but they have to make payment requests to stake their claims.
Swedish Automobile NV (SWAN.AE), the Netherlands-listed owner of troubled car maker Saab Automobile, said Tuesday it had delayed salary payments to its white-collar employees due to a shortage of cash.
This is the second consecutive month in which the car maker hasn't been able to pay its employees on time. Last month, Saab Automobile failed to pay both its blue-collar and white-collar employees on time. Wages were paid only after the company secured EUR13 million in short-term funding by selling 582 cars to a Chinese company. The company's blue-collar workers did receive this month's pay on time Monday.
Saab Automobile has been plagued by funding issues since the start of the year. It halted production in April due to a lack of components after suppliers that hadn't been paid stopped delivering parts.
The Swedish enforcement authority said it Wednesday received demands for debt collection from Saab Automobile totaling 5 million Swedish kronor ($794,000) from three different companies.
Hans Ryberg, head of the collection department at the enforcement authority, said he expects further requests from Saab Automobile's creditors in the coming days.
Saab Automobile now has between two and three weeks to pay the SEK5 million, or the enforcement authority will start seizing assets.
The company last week said production is expected to restart Aug. 29 at the earliest, provided supplier problems are resolved

1 commentaire :

  1. Je crois que c'est une procédure normale que les syndicats sont obligés d'annoncer: pour que les salariés obtiennent l'aide gouvernementale au terme de 15 jours de salaires impayés, les syndicats doivent lancer cette procédure. En juin dernier, la même chose s'était produite avec les syndicats, mais Saab avait ou trouver les fonds rapidement et verser les salaires avant la fin du mois. Espérons que ce sera la même chose cette fois. Saab a besoin de temps pour obtenir l'accord des autorités chinoises concernant la venue de Youngman et Pang Da au capital de SWAN. Croisons les doigts!