Valeo dedicates Romanian plant

French company Valeo, one of the world’s largest manufacturers of equipment and components for the auto industry, has dedicated its first Romanian-based plant, hosted by the Mioveni facilities of carmaker Dacia. “This production unit is a key element for our expansion strategy on the growing east-European market. We aim to support our customers within the globalisation strategy and that is why we are glad to have contributed to the development of Renault-Dacia,” said Thierry Morin, chairman of Valeo Board. ZF