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Russians buy Lublin III from Daewoo for bargain price

International Truck Alliance (ITA) has bought the right to produce and sell the Lublin III, one of the vans of bankrupt Daewoo Motor Poland (DMP). The Russian consortium paid $4.5 million, a sum which exceeded the tender start ing price by just $500,000. ITA has not revealed any of its plans for the f actory, but it made a commitment to sustain production and maintain the pre sent level of employment. Meanwhile, representatives of Andoria-Mot, a Poli sh company that had resumed assembling cars in the factory, seemed rather s urprised by the fact that it lost the tender. "Although the tender was clos ed on Tuesday, I still have not obtained any official information from the receiver. As soon as I do, I will ask him a few questions. As for now, I wa nt to withdraw from the contract on leasing the real estate that we are usi ng to produce Lublin vans," said the head of Andoria-Mot Tadeusz Starowicz. (Puls Biznesu, p. 8) M.K.

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