Rover reveals its plans for Warsaw Daewoo-FSO plant

According to the plans acquired by Puls Biznesu, by June 18, 2004, the parties would sign a contract allowing the British company to assemble cars at the Daewoo-FSO plant. "Production will commence in May 2005, with the Rover 75 as the first model, mainly designated for exports. The plant should break even in the third year of operations," said a source close to the investor. He also stressed that the investment outlay should amount to between EUR 0.7-1 billion, but the final value will be the matter of further negotiations. (Puls Biznesu, pp. 1, 7) M.M.