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EUROPE’S BIGGEST COMPANIES

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TOP 100<br />

companies<br />

and Sandero, as well as the Duster Edition<br />

2016, including the new Sce 115 petrol engine<br />

and connected Media-Nav Evolution navigation<br />

system.<br />

What are, in your opinion, the main<br />

factors influencing the company's<br />

operations in a positive way this<br />

year? What about the main obstacles?<br />

The market in Romania in 2015 was invigorated<br />

by the RABLA governmental programme for<br />

national car fleet renewal, which remained key<br />

for the automotive producers and importers.<br />

It is a governmental scheme which refreshes<br />

the national car fleet, one of the oldest in<br />

Europe, to the benefit of all participants in<br />

traffic, to the benefit of road safety and of<br />

the environment. It is a useful programme<br />

for the Romanian industry and for the jobs in<br />

Romania, including dealerships. Trading new<br />

cars is a business that brings income to the<br />

budget and a business that ensures jobs.<br />

There are a few things that need to be improved<br />

in order to facilitate any company's<br />

operations in Romania. The first one is the<br />

infrastructure. Every week, more than 2,100<br />

trucks - of Dacia and our suppliers - drive between<br />

Nadlac and Pitesti, which takes them<br />

up to 10 hours. We estimated that this leads<br />

to an additional cost of 30 euro for each Dacia<br />

vehicle. We appreciate it that the Pitesti-<br />

Sibiu project is a priority for the Romanian<br />

authorities. It is now essential to speed up<br />

the construction of this highway, aiming at<br />

completion by 2020 at the latest.<br />

Then, talking about legislation, mainly the Labour<br />

and Tax Codes, any changes can affect<br />

our operations. We communicated our positions<br />

on these important issues to the Romanian<br />

government, stressing the need to reinforce<br />

our competitiveness on the market.<br />

What are the company's main<br />

investment projects in mid-term<br />

perspective?<br />

The company continues to invest in industrial<br />

projects which enabled Dacia to increase<br />

the production capacities of the Vehicle and<br />

Powertrain plants, such as aluminum high<br />

pressure diecasting, 6 speed manual transmission<br />

capacity increase, mechanical parts,<br />

progressive introduction of robots, etc.<br />

In 2015 we will invest around 100 million euro<br />

in the Mioveni plants in order to support the<br />

introduction of new models and variants, as<br />

well as continue the modernization of the<br />

industrial platform, with a focus on working<br />

conditions, safety and automation.<br />

Do you plan to increase the plant's<br />

output capacity and staff?<br />

Today, the output capacity of the Mioveni<br />

plant is 350,000 vehicles per year. There are<br />

no plans to increase it in the foreseeable future.<br />

Nevertheless, we may increase the production<br />

of powertrain units - engines, transmission<br />

- based on market demand.<br />

How many vehicles does Dacia plan<br />

to manufacture this year, how does<br />

this compare to 2014?<br />

Production in 2015 will increase compared to<br />

the last year. We will most probably enjoy a<br />

record production level this year. In addition<br />

to complete vehicles production, we also<br />

started significant shipments of painted<br />

bodies and components to the new Renault<br />

plant in Oran, in Algeria, for SKD assembly of<br />

Logan there.<br />

What sales volume and market share<br />

do you target in Romania this year?<br />

As of end of June 2015, Dacia’s sales in Romania<br />

totaled 18,369 units, up by more than<br />

25% compared to the first half of 2014, while<br />

our market share reached 35.3%, showing a<br />

3 percentage points progress over the same<br />

period of last year.<br />

How do you see the overall car market<br />

in Southeastern Europe (SEE)<br />

developing in the next few years?<br />

What about Dacia's performance in<br />

SEE?<br />

The figures advanced so far by the Belgiumbased<br />

Association of European Car Manufacturers<br />

at the end of the first half of 2015<br />

show a small increase of car sales in this region.<br />

We cannot make an estimation for the<br />

whole year. Still, we are confident that 2015<br />

will end with a new sales record for the Dacia<br />

brand.<br />

100 mln<br />

euro<br />

Dacia's planned investments<br />

in Mioveni plants in 2015<br />

We do not plan to increase the<br />

vehicle production capacity of<br />

the Mioveni plant but we may<br />

increase the production<br />

of powertrain units<br />

13

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