Leading national Renault dealer bows out of the market

According to Puls Biznesu, Renault Europe Automobile (REA), which is within the French manufacturer's structure, took over the largest domestic dealer, Renault Kiljańczyk, in late September, although representatives of Renault Polska claim that the transaction has not been completed yet. REA has also purchased all the company's assets, including four Warsaw-based car showrooms and their service garages. "The assets of the Kiljańczyk company will be merged with a new Renault showroom constructed in Warsaw at a cost of zł.20 million covered by REA. These assets will be used to form a new entity fully controlled by the distributor," said one of the parties involved in the transaction. Janusz Kiljańczyk, the seller of the network disclosed that the reason behind the decision was an increase in import of used cars, which made his business unprofitable. (Puls Biznesu, p. 8) A.K.