Will the government be able to persuade Rover to invest?

The coming days might be decisive for the future of the Daewoo-FSO Zeran plant. The government is still in negotiations with British Rover and today said it has two financial backers interested in the project. Deputy Economy Minister Maciej Lesny, responding to a recent Rover statement which mentioned they might opt for Slovakia or Hungary, said that, "There are two other investors besides Rover, willing to invest in the Zeran plant." The Minister however, would not reveal their names, but it appears they do not represent a real alternative to the British company. "One of them would grant a loan up to $200 million, while the other would invest a similar sum in exchange for shares in the new company. However, they would only invest after we successfully end our negotiations with Rover," said Daewoo-FSO deputy president Janusz Wozniak. (Puls Biznesu, pp. 1, 8) M.M.