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.