STOCKHOLM (Reuters) -- Despite the continued struggles of local automakers Saab and Volvo, Swedish companies have grown more upbeat in recent weeks but remain wary of setbacks for the economy, a survey carried out by the Nordic country's central bank showed on Monday.
The Riksbank said interviews with 62 Swedish companies, most of which took place in May, showed that a sense of "a certain degree stabilization" and "cautious optimism" had taken hold compared with the previous survey in December.
"The clearest signs of the stabilization of production and sales are primarily to be found in the manufacturing and retail sectors," the central bank said in a statement.
"At the same time, there is considerable anxiety about a setback in the development of economic activity, which partly relates to the fact that funding remains tight."
Sweden's export-dependent economy is in the throes of what is expected to be its worst recession since the 1940s.
That grim prediction didnt stop Swedish supercar maker Koenigsegg for making the preferred bid to General Motors for Saab. Some remain skeptical about a deal that has a company producing nearly 100,000 cars a year being taken over by a firm that annually sells just dozens of its $1 million two-seat roadsters.
However, Baard Eker, the Norwegian designer behind the bid for Saab, says he is confident that Koenigsegg can rejuvenate the "soul and spirit" of the money-losing Swedish carmaker.
Eker controls Koenigsegg Automotive AB and has helped get Norwegian and U.S. financial investors to buy Saab from GM.