State-owned bank KfW has no plans to take a stake in General Motors Corp.'s (GM) Opel unit, German trade publication VDI Nachrichten reports Thursday citing Chief Executive Ulrich Schroeder.

"We can't avoid that companies talk (about) us. But there are no indications that we're supposed to (take a stake)," Schroeder is cited as saying.

The president of GM's European operations Carl-Peter Forster said last week that finding an investor for Opel that has the majority of its investment backed by the state is "the most promising and innovative path to take".

Newspaper Web site: www.vdi-nachrichten.com

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.