Romanian Carmaker Dacia Asked For RON42M In State Aid In 2010 To Build New Logan Model

In 2010, Dacia received non-reimbursable funds amounting to RON20 million to open a production line for the new family of Euro 5 engines. The funds were granted through the operational program „Increasing Economic Competitiveness,” co-financed from the European Regional Development Fund.

Logan was launched in June 2004 and has six versions – Logan, Ambiance, Preferance, Laureate, Prestige and Black Line.

Dacia, owned by French Group Renault, posted turnover of RON11.4 billion last year, up 26.6% on the year. The carmaker produced 341,322 cars in 2010, up 15% on the year.