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Saab Automobile Bankruptcy
Saab Automobile was sold to Spyker Cars N.V. in 2010 after a deal between Spyker and then-current owner General Motors. After struggling to avoid insolvency throughout 2011, the company petitioned for bankruptcy following the failure of a Chinese consortium to complete a purchase of the company; the purchase had been blocked by former owner GM, which opposed the transfer of technology and production rights to a Chinese company. In 2012, Spyker filed a lawsuit against GM asking for US$3 billion in damages after GM had attempted to block the deals between Spyker and Chinese automaker Youngman, who were investing in Saab Automobile. Consequently, Saab was forced to file bankruptcy in 2012. Spyker's claim was dismissed in June 2013. 2010 On 26 January 2010, General Motors confirmed that Spyker and GM had come to an agreement allowing Spyker to purchase Saab, subject to regulatory and government approval; the sale was completed on February 23, 2010. General Motors would continue to supp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saab Automobile
Saab Automobile AB () is a defunct automotive industry, car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in 1949. In 1968 the parent company merged with Scania-Vabis, and ten years later the Saab 900 was launched, in time becoming Saab's best-selling model. In the mid-1980s the new Saab 9000 model also appeared. In 1989, the automobile division of Saab-Scania was restructured into an independent company, Saab Automobile AB. The American manufacturer General Motors (GM) took 50 percent ownership. Two well-known models to come out of this period were the Saab 9-3 and the Saab 9-5. Then in 2000, GM exercised its option to acquire the remaining 50 percent. In 2010 GM sold Saab Automobile AB to the Dutch automobile manufacturer Spyker Cars N.V. After many years establishing a sound engineering reputation and ultimately a luxury car, luxury price t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the EU Member States. It is one of the largest supranational lenders in the world. The EIB finances and invests both through equity and debt solutions projects that achieve the policy aims of the European Union through loans, guarantees and technical assistance. The EIB focuses on the areas of climate, environment, small and medium sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crash and the COVID-19 pandemic. Since its inception in 1958 the EIB has invested over one trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in the world to issue Green bond, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhejiang Youngman Lotus Automobile
Youngman (officially China Youngman Automobile Group Co., Ltd.) () was a Chinese manufacturer of buses and trucks located in Jinhua, Zhejiang province. The company was founded in 2001 by Pang Qingnian and also used to manufacture automobiles. However, its passenger car business appears to have ceased operation by mid-2015. Name "Youngman" is an English literalization of the name of the company's founder, Pang Qingnian. History Youngman was founded in 2001 by Pang Qingnian. In the early-2000s the company formed joint ventures with two German companies - a bus manufacturing venture with Neoplan (at the time known as ''Gottlob Auwärter GmbH & Co. KG'') and a truck manufacturing venture with MAN. After an increase of orders, the manufacturer has built plants in the cities of Jinan, Tai'an, Lianyungang, Quzhou and some other places to meet the high number of orders. In September 2006 Youngman established a joint venture with the Iranian state-owned carmaker Iran Khodro for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sveriges Radio
Sveriges Radio AB (, "Sweden's Radio") is Sweden's national publicly funded radio broadcaster. Sveriges Radio is a public limited company, owned by an independent foundation, previously funded through a licensing fee, the level of which is decided by the Swedish Riksdag. As of 1 January 2019, the funds stem from standard taxation. No advertising is permitted. Its legal status could be described as that of a quasi-autonomous non-governmental organization. History The company – which was founded as AB Radiotjänst ("Radio Service Ltd") by a consortium of newspaper companies, the TT news agency, and radio manufacturing interests on 21 March 1924 – made its first broadcast on 1 January 1925: a relay of High Mass from St James's Church in Stockholm. It was officially renamed Sveriges Radio in 1957. Sveriges Radio was originally responsible for all broadcasting in Sweden, both radio and television, and hosted the 1975 Eurovision Song Contest. A reorganization in 1979 saw i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Svenska Dagbladet
''Svenska Dagbladet'' (, "The Swedish Daily News"), abbreviated SvD, is a daily newspaper published in Stockholm, Sweden. History and profile The first issue of ''Svenska Dagbladet'' appeared on 18 December 1884. During the beginning of the 1900s the paper was one of the right-wing publications in Stockholm. Ivar Anderson is among its former editors-in-chief who assumed the post in 1940. The same year ''Svenska Dagbladet'' was sold by Trygger family to the Enterprise Fund which had been established by fourteen Swedish businessmen to secure the ownership of the paper. The paper is published in Stockholm and provides coverage of national and international news as well as local coverage of the Greater Stockholm region. Its subscribers are concentrated in the capital, but it is distributed in most of Sweden. The paper was one of the critics of the Prime Minister Olof Palme, and in December 1984 it asked him to resign from the office following his interview published in ''Hufvud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagens Nyheter
''Dagens Nyheter'' (, ), abbreviated ''DN'', is a daily newspaper in Sweden. It is published in Stockholm and aspires to full national and international coverage, and is widely considered Sweden's newspaper of record. History and profile ''Dagens Nyheter'' was founded by Rudolf Wall in December 1864. The first issue was published on 23 December 1864. During its initial period the paper was published in the morning. In 1874 the paper became a joint stock company. Its circulation in 1880 was 15,000 copies. In the 1890s, Wall left ''Dagens Nyheter'' and soon after, the paper became the organ of the Liberal Party. From 1946 to 1959, Herbert Tingsten was the executive editor. The newspaper is owned by the Bonnier Group since 1909, when Karl Otto Bonnier acquired the remaining shares that his family had not owned (his father Albert had already acquired some shares since 1888). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kongsberg Automotive
Kongsberg Automotive Holding ASA is an automotive parts manufacturer founded in Kongsberg, Norway with headquarters in Zurich, Switzerland. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange with the ticker symbol KOA. History The company started as a division of Kongsberg Våpenfabrikk in 1957 with an agreement with Volvo to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss and Rollag Rollag is a Municipalities of Norway, municipality in the traditional and electoral district Buskerud in Viken (county), Viken Counties of Norway, county, Norway. It is part of the Districts of Norway, traditional region of Numedal. The admini .... On 24 March 1987, the division was demerged as a separate company. On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive. References External links * KAHOSE Your Flexi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skandinaviska Enskilda Banken
Skandinaviska Enskilda Banken AB (, abbreviated SEB, is a northern European financial services group headquartered in Stockholm, Sweden. In Sweden and the Baltic countries, SEB has a full financial service offering. In Denmark, Finland, Norway, Germany, and the United Kingdom, the bank's operations are focused on corporate and investment banking services to corporate and institutional clients. The bank was founded by the Swedish Wallenberg family, which is still SEB's largest shareholder through investment company Investor AB. History In 1972, Stockholms Enskilda Bank (established in 1856 by André Oscar Wallenberg) and Skandinaviska Banken (established in 1864) merged to form SEB. Reasons for the merger included creating a bank better positioned to serve corporate clients and to fend off competition from major international banks. SEB acquired Swedish insurance company Trygg-Hansa in 1997, and integrated its life insurance activities. The property and casualty insurance portio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veckans Affärer
''Veckans Affärer'' (, lit. "the week's business") was a Swedish business magazine published on a weekly basis in Stockholm, dealing in all business-related matters both within and outside Sweden. It was in circulation between 1965 and 2019. History and profile ''Veckans Affärer'' was first published in 1965. The magazine was modeled on ''Business Week'' and was started by Erik Westerberg. The founding editor-in-chief was Gustaf von Platen. The magazine was published by Bonnier Business Press. It had its headquarters in Stockholm, and one of its editor-in-chief was Ulf Skarin. In September 2019, Bonnier announced the closure of ''Veckans Affärer'', and its final issue printed in December that year. Several of its initiatives would move over to the '' Dagens industri'' newspaper. Circulation Following its establishment in 1965 ''Veckans Affärer'' had a circulation of 25,000 copies. In the mid-1980s the magazine sold 44,000 copies. In 2004 the circulation of the magazine w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distraint
Distraint or distress is "the seizure of someone’s property in order to obtain payment of rent or other money owed", especially in common law countries. Distraint is the act or process "whereby a person (the ''distrainor''), traditionally even without prior court approval, seizes the personal property of another located upon the distrainor's land in satisfaction of a claim, as a pledge for performance of a duty, or in reparation of an injury." Distraint typically involves the seizure of goods ( chattels) belonging to the tenant by the landlord to sell the goods for the payment of the rent. In the past, distress was often carried out without court approval. Today, some kind of court action is usually required, the main exception being certain tax authorities – such as HM Revenue and Customs in the United Kingdom and the Internal Revenue Service in the United States – and other agencies that retain the legal power to levy assets (by either seizure or distraint) without a court ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enforcement Administration (Sweden)
The Swedish Enforcement Authority ( sv, Kronofogdemyndigheten; literally: ''The Crown Bailiff Authority'') is a government agency in charge of debt collection, distraint, evictions, and the enforcement of court orders in Sweden. The authority also supervise trustees in bankruptcy. Authority The Enforcement Authority is the only organization in Sweden empowered to withdraw money from bank accounts of debtors and, if necessary, visit the homes and companies of debtors to seize (distrain) property. The authority also has the right to withhold money directly from a debtor's income. It can collect debts for individuals and businesses as well as for the government. Payment order A person or organization whose debtor refuses to pay an outstanding debt can submit a claim (payment order) to the Authority. The respondent is served the claim, and has to respond within a certain time. If there is no response and if there is proof that the claim has been served the recipient, the Authority is e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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