Opole court accepts motion to send Nysa motor company into receivership

A Court in Opole decided yesterday to put Nysa Motor car producer, belonging to Daewoo, into receivership. The court accepted a motion submitted by the management board of the troubled company, which faces debts of zl. 80 million. The staff of Nysa, whose representatives had staged a hunger strike for over a week, heavily criticized the decision. The workers questioned management's estimates concerning the value of the company's property and expressed disbelief at its plans to save the enterprise. "The company owns nothing. The only reason for its going into receivership is to transfer the costs of dissolving the company and laying off its 900 workers from the owner, Daewoo, to the state", said head of "Solidarity" in Nysa Motor Jozef Palys. (Rzeczpospolita, p. B3) M.K.