Skip to content
Advertisement

Business

Fiat's Tychy plant will be busy for next 10 years

The main task will be preparing for the production of new models in the Tychy plant, including production of the Ford Ka. "The start of production of the Fiat 500 this year and the Ford Ka in 2007 means that the plant has guaranteed work for at least the next 10 years," said Enrico Pavoni, president of Fiat Polska and Fiat Auto Poland. The production of each model will run to 120,000 units. The preparation of this level of production calls for a high level of investment. "We will only know the details in a few months. I think though that the level of investment will be similar to when we launched production of the Panda," said the president. When production of the Panda was launched in 2003, the Italians spent EUR 550m, according to today's' exchange rates. (Puls Biznesu p. 4) S.D.

More from Business All