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Zasada not expected to be taken over despite being withdrawn from bourse

The president of the recently delisted automobile firm Zasada S.A. Francziszek Gaika has disclosed that the management is not contemplating the sale of the firm, but would seek partners to cooperate with. That partnership is likely to be a merger with Pol-Mot Holding. At the same time Zasada would continue to seek investors for its truck and bus divisions of Jelcz and Autosan. According to Gaika, his company failed to make it on the bourse because of financial problems resulting from among other things, an improperly organized share issue. The firm's major line of business, according to Gaika, would be the coordination of sales and service points for DaimlerChrysler products especially for the Mercedes Benz cars. (Puls Biznesu, page 8) S.M.

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