The Renault company has shown interest in acquiring 200 hectares of land currently under the control of the Romanian Defense Ministry, which is due to be passed in the property of local authorities in the Dambovita county near Bucharest.
Renault plans to use the land to build a research center there with an investment of 450 million euro.
The Romanian Government approved on Wednesday a decision passing part of the parcel, close to the Titu-Boteni town, in the administration of the Dambovita District Council.
The company may buy the land only if wins a public tender due to be organized by the District Council.
HotNews.ro, Nov 24, 2006
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