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Saturday, 6 August 2011

Sweden's troubled Saab pays overdue salaries

More than 1,600 white-collar employees of Saab, the troubled Swedish carmaker, have been paid overdue salaries, a trade union official said on Friday.

Last week, Saab warned that some of its 3,700-strong workforce would not be paid on time, blaming the lack of expected funds from investors. Vcommindia News

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