On 15 December 2010, the General Meeting of DONGWON ZS Polska Sp. z o.o. resolved to wind up the company and open liquidation proceedings as of 1 January 2011.DONGWON ZS Poland, a subsidiary of the car maker Fabryka Samochodów Osobowych (FSO), is a manufacturer of exhaust systems and press-formed components.
DONGWON ZS Poland is another FSO’s majority-owned subsidiary to have resolved to be liquidated in the last 12 months. In February last year, KORAM ZZM Poland, Warsaw, was put into liquidation, although it continues its manufacturing activities. In February 2010, a winding-up resolution was also adopted by the general meeting of SHINCHANG ZPZP Polska Sp. z o.o., a company based in Marki.
