Romanian carmaker Automobile Dacia, a subsidiary of France’s Renault group, has registers a all-time high profit last year of EUR 162 million, up 40 percent compared to 2017.
The group posted a total turnover of EUR 5.3 billion in 2018, an increase by 5 percent compared to the previous year.
The results include only the Romanian businesses, excluding the Morocco factory that produces cars under Dacia brand.
Automobile Dacia operates in Romania a factory in Mioveni with almost 15,000 employees producing mostly Duster and Sandero cars.
Mioveni plant’s output increased by 7 percent in 2018 up to 335,000 cars.