MG Rover still interested in purchase of Daewoo-FSO

British car producer MG Rover, which has been negotiating the terms of investment in the Żerań-based Daewoo-FSO plant for over a year and a half now, announced that it will still be interested in the investment if the company will be officially announced bankrupt. "We are ready to search for any solution in cooperation with the Polish side to enter the plant," said Nick Stephenson, the Deputy head of MG Rover. If bankruptcy will prove itself to be unavoidable, Daewoo-FSO will file for papers in September, as in October a new law will come into force, which according to management, will put the employees and the State Treasury in a less favourable sit uation. Yesterday the Treasury signed an agreement with six creditor banks concerning the restructuring of debts of zł. 510 million. The plant's most significant threat however is the Korean shareholder, which did not agree to an increase in capital and to a debt to equity swap. (Puls Biznesu, pp. 1, 4) A.K.