Globalworth, the biggest office developer and owner in Romania, has received a loan of EUR46m from BCR to finance the development of the Renault Bucharest Connected project, the new headquarters of Renault's operations in Romania.

According to Romania Insider's website, the project is under construction and should be completed in the first part of next year. The structure has already been finished and 90% of the facades have been installed.

The project will have 47,000 sq m of office space and will also include a showroom, an amphitheatre with 350 seats, restaurant, medical facility and 1,000 parking places.

Dacia, Renault's Romanian unit, is celebrating its 50th anniversary this year.

Its plant in Pitesti rolls out a new Dacia every 54 seconds, using 7,000 staff and 800 robots.

Last year the plant produced 510,000 engines, 506,000 gearboxes plus enough parts to make 751,000 cars of which 313,883 left the plant built-up and the rest in CKD packs for assembly elsewhere.

Auto market intelligence
from just-auto

• Auto component fitment forecasts
• OEM & tier 1 profiles & factory finder
• Analysis of 30+ auto technologies & more