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lkarus officials in London

16th November 1985
Page 21
Page 21, 16th November 1985 — lkarus officials in London
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HUNGARIAN bus manufacturer lkarus is continuing its plan to establish a British plant in a freeport. Senior lkartts officials were included iii .1 high-ranking Hungarian delegation to Linidon led by that country's Prime Minister last week.

Aldniugh no announcement Ii as been made regarding a site For Ikarus UK base or a dealership for sales to British operators, a spokesman confirmed that plans arc at an advanced stage and are moving forward quickly. Ikarus is said to be keen to work with British chassis suppliers who could benefit from its extensive research and development British bus manufacturers are worried by the impact the Hungarian giant could have on the depressed British manuEicturing industry at a time when recession and uncertainty have reduced orders to an all time low. Many fear that lkarus — which has the capacity to produce 14,000 buses per year — could use its low production costs and the Hungarian need for hard Western currency to buy into the British market, with disastrous consequences.


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