Renault - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Renault SA to Build Factory in Algeria-Reuters
Reuters reported that Renault SA is to sign a contract to build a factory in Algeria. The factory will be 51%-owned by the Algerian state, and 49%-owned by the Company. In 2014 the factory will have a production capacity of 25,000 vehicles, which could be raised to 75,000. The Company will produce the Renault Symbol, a car based on the Renault Logan, in the factory.
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