Renault's Titu centre on the finishing straight

Autor: Bogdan Alecu 29.08.2010

Renault Technologie Roumanie, already working on the next generation Logan model, and which has designed more than 50% of the Duster SUV, is starting test operations in Titu on September 15.
"The centre in Titu will be officially launched on September 15 and the first test is scheduled for October," said Anca Oreviceanu, communications manager with RTR.
RTR development entails a 450m-euro overall investments, with the first stage worth 166m euros. The investment will be completed next summer after all centre tracks are built. To secure funding, Renault transferred almost 50% of RTR to the EBRD, which contributed 44m euros in the company's share capital increase.
At present, around 160 engineers are working at Titu, with their number set to climb to 300 by yearend, according to company officials.
RTR last year registered 89m-euro turnover and the main operated projects included tests for Duster model, Renault Twingo model and the current Dacia range models.
By launching RTR, Renault's second largest development centre after that of Paris, Renault places Romania besides countries such as France, Italy, Great Britain or Germany, were cars are not only manufactured, but also designed.