Reports LDV to move production to Birmingham

Van and Mini-Van manufacturer LDV has concluded negotiations with the authorities over the transfer of its plant in Lublin to Birmingham, British broadsheet The Daily Telegraph reported yesterday quoting LDV president Allan Amey. In Birmingham, LDV intends to double employment and increase production by four times while introducing new van models. Earlier, LDV set up a joint venture with Daewoo, manufacturing delivery vans in both Poland and England. Both partners were ready to invest GBP 400 million in the project, however, plans collapsed following Daewoo's bankruptcy. In April, the receiver of bankrupt Daewoo Lublin, sold LDV the copyrights to the LD-100 Model, which the Koreans had planned to manufacture in Lublin. (Puls Biznesu, p.8) A.Z.