Tingsryd's property deal is a blow to taxpayers - the chairman and CEO left in protest

The industrial property Tingsryd 1:70 - better known as Jitech's old premises - is sold for SEK 30 million to Carlqvist car after a decision by the municipal council on Monday evening. That is 15 million below the book value.

Creates a big hole in Tufab's finances

For Tingsryd's municipal property company Tufab, the deal means a significant financial loss. The sale creates a deficit that the company's equity cannot cover.

Close to ten million kroner is missing to restore the company's financial balance - an addition that may in the long run burden the taxpayers.

- Now it is up to the parent company Tikab to arrange the addition, but it will not affect other businesses, says Åke Nyberg (M).

Behind the price reduction is Jitech's bankruptcy and the lack of a new tenant for about a year. The empty industrial premises means both a falling property value and continued costs for maintenance.

- It costs us around SEK 380-400 thousand a month to keep the premises running. Now we get a good entrepreneur with roots here in Tingsryd, says Åke Nyberg (M), municipal councillor.

The CEO and chairman left in protest

The sale is part of the municipal management's planned divestment of twelve commercial properties during 2026 and 2027. The decision has met with strong opposition within Tufab, where both the CEO and chairman of the board have chosen to resign citing the risk of large losses.

- We lacked a clear plan and impact analysis and we proposed to retain, manage and create better conditions for selling without such large losses, says Mikael Håkansson (M), former chairman of the board of Tufab.

The next property also risks a major loss

Both have now left their assignments and the sales tour continues. The next property on the line could be Konga bruk 8:11 - another sale with the risk of significant financial losses, Tufab's current CEO Camilla Gärdebring warns.