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Saab Contracting to shed 25 personnel

Saab Contracting to shed 25 personnel Due to lower order bookings from defense and telecom customers, Saab Contracting is giving notice to 25 personnel in Arboga. The move will affect all categories of personnel. The measure is an adaptation to meet the prevailing order and capacity situation. Negotiations with the union organizations will begin immediately. Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and space. The group covers a broad spectrum of competence and capabilities in systems integration. For further information please contact: Lennart Forslund, President, Saab Contracting AB Phone: +46 (0)589-39 71 10, +46 (0)70-713 08 08 www.saab.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/11/20030911BIT00380/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/11/20030911BIT00380/wkr0002.pdf