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UTC considers zl.700 million investment in aircraft maker PZL Rzeszow

United Technologies Corporation (UTC), winner of the race for control of WSK PZL Rzeszow, plans to invest up to zl.700 million in the domestic aircraft manufacturer. The funds, promised under the privatization agreement reached by the company with the Treasury, may be linked to a bid by Lockheed-Martin, the leader of the international group to which UTC belongs, to supply the Polish air force with multi-purpose aircraft. The speculation has been fuelled by the Treasury's decision to keep secret the terms it has negotiated with UTC until the deal is finalized in some four months' time. The air force tender is expected to be closed within the next few months. The other bidders include BAE Systems-Saab and Dessault Aviation. (Puls Biznesu, p. B7) M.K.

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