Gripen International, the offspring of the marriage between the British BAE Systems and Swedish Saab, has claimed that it will place indirect offset into Polish civil companies and direct offset into the arms industry of EUR8bn if it wins the order to supply combat aircraft for the Polish armed forces.
Björn Magnusson who heads the Gripen team in Poland claims tht his company is prepared to pour EUR1bn into direct offset although around EUR4bn will find its way into the arms industry. One of the examples of the deals that can be expected is a joint venture between Norwegian arms manufacturer Namo and the Polish Mesko which would permit technology transfer and ensure that ammunition was compatible with NATO standards.
Björn Magnusson is also keen to point out that half of the offset awarded will be indirect for the civilian economy. One of the more controversial opinions given by him is that the current offer being made by MG Rover to save production at Daewoo FSO is worthless. The British company is currently negotiating with the economy ministry to create the New Small Company which would take some of the assets of the bankrupt Korean manufacturer in order to launch production of Rover cars.
Björn Magnusson says that the project is very important in order to save the motor industry in this country and to keep job places. He claims that his company’s offer is like that of a catalysor which would help in resolving financial difficulties. It is of course no secret that Rover is not