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Reinfeldt Hopes Scania Remains Swedish

Published fredag 8 december 2006 kl 11.04
Fredrik Reinfeldt

Swedish Prime Minister Fredrik Reinfeldt said on Thursday he hoped truck-maker Scania AB, the target of a hostile takeover bid by Germany’s MAN AG, would remain in Swedish hands.

According to the news agency TT, Reinfeldt was quoted as saying ”I think that which is Swedish-owned should remain under Swedish ownership.

He added that moving head offices of major companies abroad would affect the job market situation in Sweden. ”That’s why I hope that this crown jewel in Swedish industry remains Swedish.”

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