According to the Hospodárske noviny daily, the company K-1 Engineering, whose sports cars were exported to rich customers in the United States or the United Arab Emirates faces bankruptcy and is headed for extinction after 10 years on the market.
Its problems appeared with financial issues, disagreements between shareholders, as well as with changes in the world’s car industry. "For example, the Ford Company closed down the production of the engine which we used in vehicles”, says Libor Červenka, Managing Director of K-1 Engineering.
Zuzana Botíková
