FSO begins to enjoy long awaited success

Last year, the plant produced 95,000 assembled and semi-assembled vehicles which were in majority sold in Ukraine. The initial plans for this year stood at 135,000 units, however, the current projections place this figure at 150,000 cars. Out of this sum 146,000 will be Lanos models, while the remaining 4,000 will be Chevrolet Aveo. "The Ukrainian and Russian markets have turned out to be more promising than we initially assumed," said FSO board member Zofia Doran. The annual production quota of 150,000 units is the maximum amount allowed by the European Commission in exchange for its green light for public aid. The Ukrainian investor - UkrAvto hopes to increase production to 220,000 units annually, and has already begun legal proceedings against the Commission hoping to raise the limits. (Puls Biznesu, p. 9) A.K.