Relocation Of Renault’s Romanian Production Out Of The Question - President

"We have known for five years that Renault (owner of Romanian carmaker Dacia, e.n.) was building a plant to manufacture Dacia Logan and other brands in Morocco," said Basescu, highlighting that a relocation of Dacia production in Morocco in the future is out of the question.

"When the contract with [Renault] was negotiated (…) talks referred to investments of EUR500 million. Investments have so far reached about three billion and Renault developed one of the most impressive research centers in Romania," the head of state said, adding Renault doesn't look like a firm that is thinking about leaving tomorrow.

Carmaker Automobile Dacia will move part of its Sandero model production from Mioveni, Romania, to the Renault factory in Casablanca, Morocco, in order to expand production of the Duster model, said in September Jacques Chauvet, Renault manager for the Euromed region and Dacia chairman.

Chauvet also said the Renault factory in Tangiers will begin production of the family and commercial Dacia models next year. Most of the components for these models will be provided by Romanian suppliers.

He added that Renault has no plans at the moment to build an electric or hybrid Dacia, but did not rule out such a project in the future.

Renault announced in July that Dacia's worldwide sales dropped in the first six months by 2.9%, to 176,956 units, from 182,153 units in the same period of last year.

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