Treasury Minister says road is clear for FSO deal

It follows the Cabinet's decision yesterday to sell shares in the company that are controlled by the state. "We will begin negotiations with Ukraine's AwtoZAZ," Treasury Minister Jacek Socha said, adding that the government wants to finalize talks as quickly as possible. According to Deputy Economy Minister Jacek Piechota, who is responsible for restructuring FSO, cooperation with AwtoZAZ is a good choice. "A company, which receives 90% of the plant's production and has spent money to acquire its liabilities from banks, is surely seriously thinking about its investment in Żerań," Piechota said. He also added that good relations between the Ukrainian investor and US-Korean GM DAt mean that it is possible that Poland might be granted the right to produce Chevrolets. (Puls Biznesu, p. 8) A.K