The first car model resulting from ongoing projects will be launched in 2011, RTR sources told Business Standard. Renault’s design team is currently working on several car projects, both based on the Logan model and new Renault models.

Renault is to invest some €100 million by next year in the design center. Total investments in RTR will amount to €456 mln. Some 500 new employees, most of them college graduates, are to be recruited this year for the center. RTR is to organize recruiting forums in Bucharest, as well as in Ploiesti, Bacau, Galati and Iasi. RTR currently has 900 employees.

With a total of 300 hectares, the center is to be Renault’s second largest worldwide, after the one in France.