Lada Polska searching for facility to open production plant for Russian Ladas

Ladas Lada Polska, the Polish subsidiary of the Russian automotive firm Lada, is to build a zl. 50 million assembly plant in the first quarter of next year. "We are at present in talks to purchase the appropriate premises," said Lada Polska president Piotr Kowalski. Unofficially it is known that Lada was interested in buying the Plonsk-based plant which was assembling Ford cars, but the $22 million demanded by Ford was unacceptably high for Lada. Meanwhile, this November the company is to start assembling trucks and delivery vans at the KIA and Hyundai plant in Kunow. The first vehicles to be assembled will be the Samsung models. In July, Lada signed an agreement with Samsung to be the exclusive sales and service company for Samsung vehicles in Poland. (Puls Biznesu, page 8)