Four eastern European countries bid for BMW plant
Four eastern European countries are competing to attract a new BMW AG plant in which it will build a new small car [new Mini] in the wake of the sale of its Rover unit, BMW said on Thursday. BMW, which completed the pull-out from its British subsidiary this month by selling both its Rover Cars and Land Rover operations, confirmed it had received bids from Hungary, Poland, Slovenia and the Czech Republic to build the new car. The Munich-based car maker had also received offers to establish a new facility in Germany and outside Europe, a spokesman for Germany's third-biggest car maker said. BMW said it had not reached a decision about where it would locate a plant to build a new BMW brand car ranked below its popular 3-Series. A decision could take up to two years and would not be made in coming months, the spokesman added. Slovenia said earlier on Thursday it would offer BMW a free site and wage subsidies if it agreed to locate a new car plant in the country. Last month Hungary said that the Bavarian group was looking at possible sites there for producing a small car.
Article Date: May 25, 2000