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Ukraine??™s AutoZAZ acquires control of Warsaw auto maker FSO
Journal Staff Report

WARSAW, Oct. 17 - Ukrainian car producer AutoZAZ officially acquired a 19.9% stake representing 84.31% of votes in Warsaw-based carmaker FSO on Tuesday, Poland's Treasury Ministry said in a statement carried by Interfax-Ukraine.

AutoZAZ had agreed to buy the stake in FSO, on the edge of bankruptcy ever since former Korean owner Daewoo went bankrupt in 2000, for a symbolic PLN 100 on June 30 and has now received the go-ahead from all required parties, including Polish antimonopoly office UOKiK.




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