Dacia expects 400m euro turnover

Automobile Dacia estimates it will make approximately 400 million euro turnover this year, compared with the 360 million euro level in 2003, said Constantin Stroe, the company’s deputy chairman. “Unlike last year when we manufactured 70,000 vehicles, we will make 94,000-95,000 units in 2004. Today (Thursday) we reached 75,000 units, therefore our yearly target regarding the number of vehicles is attainable,” Stroe said. He added the Pitesti-based company would have made more than 10,000 units by the end October. Automobile Dacia, held by French carmaker Renault, began manufacturing the Logan model in September, which saw orders placed for more than 13,600 units in a very short time, with 8,000 units already delivered. ZF