![]() ![]() ![]() ![]() So far the Logan has launched on the French, Spanish and German markets. Its development plans include the extension of its Logan production line and sales abroad. The Renault group decided that it was promising to invest in the Dacia plant with a figure of 650 million Euro from 1999 until the end of 2005. Its next ambition is to become an affordable family motor in Moscow.Īccording to Francois Fourmont, general director of Dacia-Renault, the Romanian company's trump card was “a tradition of relations between the two companies, language and cultural ties, the competitiveness of production costs, young and competent employees.” Since then, the French-owned firm has launched the Logan, a budget car retailing at between 5,000 and 6,000 Euro, which has successfully leveraged itself on the home market and proved to be a pretty popular purchase as an alternative to a second-hand car in Paris. Once the grandest symbol of Romania's Communist period, car-maker Dacia had been canvassing foreign automobile firms for a buyer when Renault arrived in 1999 to buy out its automobile factory in Pitesti. Upwardly mobile Cars and wireless telephone operating have been among the most successful of France's endeavours in Romania, as The Diplomat - Bucharest quizzes some of the largest names in French investment ![]()
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