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SPAIN'S 'SEAT' INTERESTED IN INVESTING IN SARAJEVO CAR FACTORY

SARAJEVO CAR FACTORY SARAJEVO, Nov 2 (Hina) - Spain's car manufacturer SEAT is interested in investing in a car factory in Vogosca near Sarajevo, whose majority owner is Germany's Volkswagen, the "Oslobodjenje" daily reported on Tuesday. SEAT also operates within Volkswagen and is allegedly very interested in launching a Volkswagen assembly line in Vogosca. According to some reports, preliminary negotiations have already begun. The final word is up to Volkswagen's management, whose members are however still reserved about the initiative. Volkswagen's chief Ferdinand Piech recently confirmed Germany's car giant intended to stay in Bosnia, but pointed out further investments would be directly dependant on political stability in the region. For the time being, Volkswagen plans on launching in Vogosca an assembly line for the LT 4 van, which would be the third vehicle to come out of the Sarajevo
SARAJEVO, Nov 2 (Hina) - Spain's car manufacturer SEAT is interested in investing in a car factory in Vogosca near Sarajevo, whose majority owner is Germany's Volkswagen, the "Oslobodjenje" daily reported on Tuesday. SEAT also operates within Volkswagen and is allegedly very interested in launching a Volkswagen assembly line in Vogosca. According to some reports, preliminary negotiations have already begun. The final word is up to Volkswagen's management, whose members are however still reserved about the initiative. Volkswagen's chief Ferdinand Piech recently confirmed Germany's car giant intended to stay in Bosnia, but pointed out further investments would be directly dependant on political stability in the region. For the time being, Volkswagen plans on launching in Vogosca an assembly line for the LT 4 van, which would be the third vehicle to come out of the Sarajevo plant after Skoda's Felicia and Octavie. (hina) ha jn

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