In Brief: Iberia Motor Company; Daewoo-FSO deal signed; WSiP 2002 results

Iberia Motor Company (IMC), importer of Seat automobiles announced plans to start legal proceedings against Zycie Warszawy daily, which recently published an article accusing the company of forging its cars production dates. IMC will demand zl. 2 million in compensation. (Puls Biznesu, p. 9) ... The Treasury, creditor banks of Daewoo-FSO, Daewoo Motor Company, Eximbank, MG Rover and Daewoo-FSO have signed an agreement concerning the future of the Zeran-based car plant, said Deputy Economy and Labour Minister, Maciej Lesny. The investors have been assured of government guarantees. (www.onet.pl) ... The gross revenues of educational books publisher Wydawnictwa Szkolne i Pedagogiczne (WSiP) at the end of 2002 amounted to zl. 250 million, with gross profits of zl. 40 million. Company representatives foresee a market share increase this year from the current 32% to 35%. (Puls Biznesu, p. 6) A.K.