The 25-year-old recently suffered the indignity of being dropped to the reserves by Gladbach with the instructions that he best look for a new club. Alexander Voigt, Marcel Ndjeng and Uwe Gospodarek were also culled from the squad of the bottom-placed team last week, but the Danish defender is the first to find new employment.
Svärd will still be officially on contract with Mönchengladbach, however, with his Rostock move formally recognised as a loan for the time being.
Svärd, whose contract at Gladbach runs until 2010, is a well traveled player, having moved to Arsenal, Stoke City, Bröndby and Vitoria Guimaraes after having started his career for FC Copenhagen.
Derek Wanner, Goal.com