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March 2, 2021

Dacia to inject over RON 57 M into new engine family

Romanian automaker Dacia will pump in excess of RON 57 M into a new family of engines. “The ceiling amount comes to RON 20 M for productive investments by large enterprises under the Sectorial Operational Programme “Increase of Economic Competitiveness” (POS CCE) co-funded by the European Fund for Regional Development,” according to a release by the Ministry of Economy, Trade and Business Environment. The project will be implemented at the Dacia Mioveni plant for a three year period. Early last July, Automobile Dacia officials told Mediafax that the Mioveni plant will begin manufacturing Euro 5 engines for models of car brands Dacia, Renault, Nissan and Samsung by introducing a new family of adjusting and adjusting the current Euro 4 one.

Over 40 enterprises from various economic sectors will receive non-redeemable funding of overall RON 515.3 M (EUR 120.4 M), for investment projects under POS CCE. Among them, also Alro Slatina – RON 17.1 M, Henkel Romania – RON 12 M, Vrancart – RON 12.3 M and Antibiotice – RON 17.9 M.

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