June 22, 2011 / 4:04 PM / in 8 years

UPDATE 1-Antonov says still wants Saab stake

* Says Saab deal with Lotus, Pangda does not change plan

* Says to buying existing shares or new shares (Adds detail, background)

VILNIUS, June 22 (Reuters) - Russian businessman Vladimir Antonov said on Wednesday he still wants to take a 30 percent stake in troubled Swedish carmaker Saab, owned by Netherlands-based Swedish Automobile .

Antonov wants to invest 30 million euros in the cash-strapped carmaker. His plans is awaiting approval by the European Investment Bank.

“All we ask is to own 30 percent,” Antonov told journalists.

Saab is scrambling for funds to restart production after it was halted for most of April, May and June because it couldn’t pay suppliers.

One avenue Swedish Automobile, which recently changed its name from Spyker, has been exploring to raise short-term funds is to sell and lease back its plant and property.

Antonov, who owns a bank in Lithuania and in Latvia, had been part of that property plan but dropped out of the scheme this month.

Swedish Automobile this month agreed a rescue package for Saab from two Chinese car companies, Zhejiang Youngman Lotus Automobile Co and Pangda that would solve longer-term financing problems if approved by authorities in China and Europe.

Antonov said on Wednesday the deal with Pangda and Lotus did not affect his aim to take a stake in Saab.

“There are various options to become a shareholder. You can buy new shares or old ones. It depends how you invest into the company — as equity or debt,” he said.

Saab’s Trollhattan factory in southern Sweden is idle for at least two more weeks while the company is in talks with suppliers. ($1=.6971 Euro) (Reporting by Nerijus Adomaitis via Stockholm Newsroom; Editing by Jon Loades-Carter)

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