Bosh to abandon Fagor Mastercook?
12:14
Receiver of bankrupt Fagor Mastercook has to approve its acquisition by German BSH, the owner of Bosh within one week, otherwise BSH will withdraw the offer, Wyborcza.biz web portal reported.
Receiver, Teresa Kalisz does not agree to sell the plant for PLN 90 million, due to "a conspicuous low price" and recommends PLN 145 million. The problem is, the higher price is unacceptable for BSH.
The potential investor expressed its interest in Wrocław based factory in 2013.
Bosh was planning on launching the production within three years, 500 people would be employed.
