Government delegation plans visit to Korea to discuss declining auto sales
A government delegation including the deputy Prime Minister, the Economy
Minister, and the deputy president of Daewoo-FSO will travel to Korea in
early November to discuss the firm's Polish plants and its future plans.
The Korean car producer is troubled by decreasing auto sales here. Last
year the Daewoo-FSO plant in Zeran incurred nearly zl 28.5 million in
losses, while in the previous year its profit amounted to zl. 41 million.
The Lublin-based Daewoo factory plans to lay off 1,200 workers starting in
December this year. (Prawo i Gospodarka, p.4)