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Only one company is ready to invest in Daewoo-FSO

The only positive answer came from Britain's Rover. State Treasury representatives will meet on Monday in the UK to conduct talks with Rover concerning their engagement in the plant. Malcolm Bricklin, the president of Nucarco, another company which was earlier interested in the project, will take part in the negotiations. This is a result of the fact that Rover suggested a strategic alliance with the American manufacturer. Ukrainian ZAZ, which is the main importer of Daewoo Lanos cars from Poland, submitted a note to the state treasury stating that the company is currently concentrating on modernizing its own plant, and therefore a capital engagement in Daewoo-FSO would not be possible. Witold Małachowski, the representative of Volkswagen AG in Poland, said that although no answer was submitted by his headquarters, VW might still be interested. (Puls Biznesu, p. 3) A.K.

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