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February 1, 2023
BUSINESS

ArcelorMittal Galati CEO: Dacia saved Renault from going bankrupt

Dacia is a “success stories” for the Romanian and international economy, as it saved from bankruptcy the French group Renault, the owner of the car plant, and represents a model for ArcelorMittal Galati, the CEO of the steel mill, Bruno Ribo said during a public debate hosted by the Galati-based plant, quoted by Mediafax. “I and my colleagues of the management have a model to follow. We have as example the standards of Dacia, as we really are impressed by the success story of Dacia. In 6-7 years they succeeded in entirely changing the old plant. I have a long experience in the car industry and I can say that, visiting Dacia, one can notice no difference between Dacia and any auto factory of Western Europe, in terms of cleanliness, management, and technical skills of employees. The only difference is that Dacia has fewer robots. Dacia makes money and one may say that it saved Renault from going bankrupt,” he said. Ribo was appointed CEO of ArcelorMittal Galati in February. From 1997 to 2001, he worked in a department named the Customer Technical Service for the auto industry, in Madrid. Meanwhile, Renault considers the possibility of adding two new brands to its portfolio: the sports brand Alpine and a top brand known as the ‘Initial Paris’ project, according to Les Echos, which quotes a presentation of Carlos Tavares, the second most important man in Renault, HotNews.ro reports. According to the French newspaper, a decision is due until the end of this year, especially as these projects imply big investments. For the top brand, the French giant will also benefit from the alliance with Daimler, which they entered in 2010.

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