Renault Group invests 1.4 billion euros in Romanian market, in ten years
Officials from the group estimate that the activity of the technical center will begin at end 2009, when the group will employ 3,000 engineers in Romania.
Attending the inauguration ceremony at Titu were President Traian Basescu and PM Calin Popescu-Tariceanu.
Sales of Renault Group at world level rose 4.3% in H 1, 2008, to 1.325 units, and its market share increased 0.2%, to 3.8%.
Renault sales rose 4%, and Dacia ones 13.3%.
Renault Co bought, in July 1999, Dacia Mioveni plant. In the year 2000, the model Dacia SupeRNova was launched, the first materialization of French-Romanian cooperation. The car was equipped with a Renault engine and gearbox.