Became known the first details of a Memorandum of understanding that was signed between Swedish Automobile and Chinese companies Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. on the sale of 100% stake in Saab. The plans of the Chinese side are described in the documents submitted to the court of Sweden. According to him, starting with the 2012 production will be invested € 610 million, and another 50 million will come in the form of a loan, which will be provided to the Swedish side. However, such investments Saab will have to pay a price reduction of 15% of all jobs, which will affect 3400 people. However, against the amount of the company's sales of EUR 100 million, such increase profitability does not seem unreasonable. "Pang Da and Youngman are not going to just get a short profit, like any other financial investor. Investment in Saab due to business interests and long-term strategy," say representatives of the Chinese companies. The Memorandum of understanding is valid until 15 November - just before this date, the court must decide on the transfer of Saab in the hands of new owners.