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international business

Swedish companies hit by Thai floods

Published lördag 29 oktober 2011 kl 17.08

Swedish companies in Thailand say to news agency TT that the flooding is causing them big problems.

Krusell, which makes bags for laptops and other electronic goods, had its factory north of Bangkok closed for ten days. "We have managed to open again a couple of days ago, but many employees can still not get to teh factory", says Marcus Krusell.

Autoliv, which has two factories making car safety equipment, has already lost at least US$ 6m. Spokesman Mats Ödman says that they hare having a hard time getting yarn to weave airbags. "Our suppliers' factories are under water."

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