Avto ZAZ deal to take over 20 percent of FSO on track for next week
The negotiations successfully concluded two weeks ago and now the contract is being examined by lawyers. "The final wording of the deal may still be changed" a lawyer representing Avto ZAZ, Lech Żyżylewski, stresses. The Ukrainian side needs also to present the Treasury Ministry with an audit report showing the company's financial situation. Meanwhile, Avto ZAZ announced that it aims to start the export of Lanos cars on the Russian market in September. This paved the way for speculations that some parts will be manufactured in Żerań, as FSO is a license-holder for Lanos production and export. (Parkiet p.6, Puls Biznesu pp.1,6) M.G.