PSA decision over Radomsko plant drawing closer

It is expected that on January 7 Peugeot-Citroen (PSA) will sign a memorandum in the Economy Ministry declaring an intention to build its new euro 700 million car factory in Radomsko. The chances of this investment becoming a reality are increasing, as the government has improved its terms for PSA. Rzeczpospolita received this information from Radomsko Mayor Jerzy Slowinski who said that the memorandum would precisely state the involvement of the local and national governments in the investment. The president of the Polish Foreign Investment Agency (PAIZ) Antoni Stryczula said that he was negatively surprised by such information being revealed before PSA had made its final decision which is to be taken in the first half of January. (Rzeczpospolita, p. B2) M.M.