Goodyear to dispose of Dębica to avoid bankruptcy?

American concern Goodyear, which holds a 60% stake in domestic tire producer Dębica, may sell the Polish company in order to avoid bankruptcy. Dębica cla ims that the Americans are over-reacting and that there is no cause for alar m. Goodyear is the biggest tire producer in the U.S., but in recent months t he company's shares have dropped by more than 70%. In 2002 the holding suffe red net losses of $1.1 billion and sales fell by 2.1%. The company, in turn, took a loan of $3.35 billion, secured with all its assets, probably includin g its shares in Dębica. "Goodyear's situation is not that bad. Companies all over the world are plagued by similar problems," said Leszek Cichocki, finan cial director of Dębica. However, Cichocki's optimism may be unfounded. "The bankruptcy of Goodyear is probable," claimed an analyst from BDM PKO BP. (P arkiet, p. 1) A.C.