Speaking during a meeting with Romanian President Traian Basescu in Bucharest, Ghosn said Renault’s expansion plans in Morocco and Russia won’t affect the activity of its Romanian unit Dacia Automobile.

Renault owns 99.4% in Dacia Automobile, Romania’s largest carmaker.

At the end of their meeting, Ghosn was awarded the Order of the “Star of Romania”, the highest civil decoration in Romania, in sign of appreciation of Renault’s decisive contribution to the development of the local auto industry, the presidency said in a statement.