Saab engineers recruited by Saab AB, Volvo AB image

More than 200 Saab engineers are reportedly being recruited by a technology consultancy company that has been founded in Trollhattan after the Swedish automaker declared bankruptcy.

According to local media quoted by Autocar.co.uk, the Combitech company, owned by the Saab AB defense company, opened a development center in the carmaker’s home town immediately after the closure of the automaker.

According to reports, the recruitment process of the 200 engineers is already taking place, with Combitech looking for high technology specialists to work within the defense industry and as external consultants. Saab engineers are recruited by Volvo Sweden as well, with a company spokesman confirming that Volvo has already recruited 40 ex-Saab employees in the wake of the bankruptcy. The spokesman added that he expected another 100 former Saab workers to join shortly.

Saab AB is a defense company that provides military equipment including jet fighters, and also builds commercial planes. Volvo AB is a group of companies that includes Volvo Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta and Volvo Aero.