British MG Rover joins in talks with Daewoo-FSO

The result of the meeting could be a serious turning point in the ongoing negotiations which have lasted for over two years with the British car manufacturer. "Rover has clearly declared its willingness to purchase shares in Warsaw's Matiz and Lanos producer from Daewoo Motor Co.," said one of the high ranking domestic officials after the meeting. Nick Stephenson, MG Rover deputy president, confirmed the information, adding that the representatives of the company intend to go to Korea for negotiations. "We want representatives of the Polish government to come with us," said Stephenson, not revealing what the exact stake Rover is interested in, or how much it is willing to spend. However, the management of Daewoo-FSO and the government do not limit the negotiations to Rover. Additional potential investors are Volkswagen and Nucarco. (Puls Biznesu, pp. 1, 3) A.K.