Daewoo-FSO plant is the target of several investors

American based Nucarco, famous for introducing the Subaru, Zastava, and Yugo brands into the US market, has signed a letter of intent with the management of Daewoo-FSO. "Nucarco would like to produce up to 100,000 cars annually in Żerań. They would mainly be sold to the American market," says a person engaged in the process of seeking an investor. In the letter of intent, the company emphasizes it has the rights for the production of "unique models" for export and is looking for a plant where they could be manufactured. "We are talking about a four person convertible and a light pick-up truck," stated the source. Nucarco also ensured that it is ready to come up with funds necessary to purchase equipment, conduct tests and receive official certification for the new vehicles. According to unofficial information the management of the plant is not very pleased with the American offer, as it is difficult to verify the reliability of the potential investor. (Puls Biznesu, pp. 1, 4) A.K.