Magda Steyr named as possible Daewoo-FSO investor
As a result, several members of the Daewoo-FSO board are to hold talks in May with the company, whose car assembly clients include Germany's Mercedes. Janusz Woźniak, Daewoo-FSO's president, proved reticent to discuss the issue, saying, "I do not confirm nor deny [it]." Acquiring a new investment partner is once more of key importance to Daewoo-FSO's survival, following the suspension of talks with the UK's MG Rover last week and the fact that no other potential investor has so far come forward. (Puls Biznesu, p.16) K.J.