Renault will spend EUR100m on the Dacia plant in Pitesti, Romania, to increase capacity from 235,000 vehicles a year to 350,000 by 2008.
Go deeper with GlobalData
The investment will enable the plant to increase its stamping output, add a new paint shop, and enlarge the body-n-white and assembly shops.
The Pitesti plant currently manufactures the Logan sedan and Logan MCV. It will start producing the third model in the Logan programme, a light commercial vehicle, in early-2007. The plant built the last example of its previous light commercial vehicle, a Renault 12-based pick-up on 8 December.
Plant output will be adjusted temporarily owing to the work, with an eight-day stop to Logan sedan production at the end of the yea. From early February 2007, Logan MCV output will be increased from 250 to 300 units a day in order to reduce delivery times, currently averaging two months.
The announcement follows reports at the beginning of November that Renault would invest EUR500m in a design and development centre in Romania. Renault confirmed then that it was considering building a research and development centre in the country, but that its investment would likely be around EUR100m.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
