New Daewoo-FSO President to be announced later this week

The government is to announce later this week a new team of top managers and the person who will fill the vacant post of President, at Daewoo-FSOs Żerań plant. The declaration was made by the representatives of a governmental committee specializing in the restructuring of domestic companies owned by Daewoo. The most difficult task was finding the right person, who will be responsible for managing the company through the debt restructuring ne gotiations, organizational restructuring and the search for a strategic investor. On Monday night, Wojciech Janczyk, formerly deputy Infrastructure Minister and former Elektrim President, was said to be the most probable candidate for the vacant post, officially withdrew from the candidacy. Another candidate for the job is Robert Mucha, the famous racing driver, who was employed by FSO in 1970s, to later be employed by General Motors in Canada. The last candidate is Janusz Woźniak, the current deputy President of Daewoo-FSO, and government representative on the car producers management board. (Puls Biznesu, p. 8) A.K.