- Business expansion
- Location of affected unit(s)
- Titu- Boteni area, County Dâmboviţa, South Region
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers
- Announcement Date
- 4 September 2006
- Employment effect (start)
- Foreseen end date
- 31 December 2008
On 4 September 2006, the French group Renault announced the intention to start the construction of a design and development centre for new car models at Găeşti (County Dâmboviţa, South Region) in September.
At the end of October 2006, the spokesman of Dambovita County Council announced that the new 258 hectares site of Renault would be located at Titu-Boteni (Dambovita County, South Region). The company will invest EUR 125 million in the new project and create some 2,300 jobs.
The estimated turnover of Renault group in Romania for 2006 is about EUR 900 million.
5 September 2006: Ziarul Financiar
4 September 2006: Ziarul Financiar
30 October 2006: Ziarul Financiar
Eurofound (2006), Renault, Business expansion in Romania, factsheet number 64024, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64024.