Revoz

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Slovene car manufacturer

title: "Revoz" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["renault", "vehicle-manufacturing-companies-established-in-1988", "car-manufacturers-of-slovenia", "car-manufacturers-of-yugoslavia", "economy-of-novo-mesto"] description: "Slovene car manufacturer" topic_path: "general/renault" source: "https://en.wikipedia.org/wiki/Revoz" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Slovene car manufacturer ::

::data[format=table title="Infobox company"]

FieldValue
nameRevoz d.d.
logoLogo Revoz.svg
imageFile:Revoz, Novo mesto.jpg
typeSubsidiary
genre
foundation
defunct
location_cityNovo Mesto
location_countrySlovenia
key_peopleJože Bele (CEO)
industryAutomotive
production141,670
production_year2020
revenue
revenue_year2020
operating_income
income_year2020
net_income
net_income_year2020
assets
assets_year2020
equity
predecessorIndustrija motornih vozil
equity_year2020
num_employees2,408 (December 2020)
parentRenault
homepagewww.revoz.si
::

| name = Revoz d.d. | logo = Logo Revoz.svg | caption = | image = File:Revoz, Novo mesto.jpg | type = Subsidiary | traded_as = | genre = | fate = | successor = | foundation = | founder = | defunct = | location_city = Novo Mesto | location_country = Slovenia | locations = | area_served = | key_people = Jože Bele (CEO) | industry = Automotive | production = 141,670 | production_year = 2020 | products = | services = | revenue =
| revenue_year = 2020 | operating_income =
| income_year = 2020 | net_income =
| net_income_year = 2020 | aum = | assets =
| assets_year = 2020 | equity =
| predecessor = Industrija motornih vozil | equity_year = 2020 | num_employees = 2,408 (December 2020) | parent = Renault | divisions = | subsid = | homepage = www.revoz.si | footnotes =

Revoz () is a Slovene car manufacturer based in Novo Mesto and the subsidiary company of French car manufacturer Renault. It is the only automaker in the country and one of its largest exporters. The company was established in June 1988 as a joint venture between Renault and Industrija Motornih Vozil. In 2004, it became a wholly owned subsidiary of Renault.

History

1959–1988

Early Renault manufacturing deal with Litostroj

The first assembly deal of Renault in Slovenia was signed with Ljubljana-based Litostroj in 1969. In November of that year Litostroj started to produce under licence the Renault 4, which was eventually nicknamed "Katrca" (phonetically from the French 'quatre' in a diminutive form) and became the most-produced Renault model within the country. Litostroj also manufactured transmissions for French-assembled vehicles. The deal ended in 1972.

Industrija Motornih Vozil

Main article: Industrija Motornih Vozil

In the mid-1950s, a Slovenian company called Agroservis partnered with Auto Union, building a factory to produce DKW models called Moto Montaža. In 1959, it was renamed Industrija motornih vozil (Industry of Motor Vehicles) or IMV. From 1963 to 1972 it assembled British Motor Corporation's Austins, but in 1973 it signed a partnership agreement with Renault, In 1976 IMV became the second-largest manufacturer by volume in Yugoslavia after Zastava. IMV also assembled the Renault 9 locally.

1988–present

In 1988, Renault (as minority holder) and IMV formed a joint venture and created Revoz. Since the early 1990s it became one of the largest exporters (more than 5% of total country's exports) and employers (with more than 2000 workers) of Slovenia. The company started to manufacture the Renault 5 alongside the 4 (Revoz was the last plant where these cars were built). In 1991, Renault became the major company's shareholder, with a 54% stake. According to the Organisation for Economic Co-operation and Development the key reason behind Renault's investment was to have a factory for supplying the big Yugoslavia's domestic market, although that country's dissolution made it to transform Revoz into an export-oriented company. Since 1993, the company assembles the Clio. Revoz managed the Serbian operations until a Renault subsidiary was created.

In December 2001, Renault increased its ownership to 66,68%. In 2002, Revoz's commercial branch was split to form the subsidiary Renault Nissan Slovenia d.o.o, in charge of sales. In 2004, Revoz became a wholly owned subsidiary of Renault. From 2010 to 2013, the company manufactured the Wind.

Impact of the European crisis

In early 2012, with European markets' demand declining, the company had to suspend its night shift and personnel. Revoz also negotiated with the trade unions shorter work shifts. In January 2013, the production returned to normal levels. The company manufactured new Renault and Daimler models to improve the production output. The first model developed by the Renault-Daimler collaboration, the third-generation Renault Twingo, entered into production in May 2014 and was followed by Daimler's second-generation Smart Forfour by autumn 2014, with both cars sharing many parts.

By 2022, the Smart Forfour production ended, increasing the company's idle manufacturing capacity, and demand for its products further decreased because of the COVID-19 pandemic, chips shortages, and declining demand for small cars in Western Europe. Revoz reduced its workforce in 2021 and 2022, keeping just one work shift for the Clio and Twingo.

Novo Mesto factory

The Revoz factory is located in Novo Mesto, covering 584,000 square meters. Since April 2007 it has produced the Twingo having, since 1993, assembled the Clio. It has a Sheet Metal Shaping Department (press shop), a Paint Shop Department and an Assembly Shop. In 2010 the production output was of 212,680 cars.

Car models

The following car models were or are still being manufactured in Novo Mesto:

Former models

Current models

References

References

  1. Cerni, Boris. (15 March 2012). "Slovenia's Renault Unit Will Reduce Shifts as Orders Decline". [[BusinessWeek]].
  2. Boncelj, Gašper. (14 January 2022). "Revoz po novem vodi Jože Bele". Delo.
  3. "Letno poročilo Revoz 2020". Revoz.
  4. Dijkman, D.. (2007). "Europe Real Estate Yearbook 2007". Real Estate Publishers BV.
  5. (2008). "Cluster Policies in Europe: Firms, Institutions and Governance". [[Edward Elgar Publishing]].
  6. (13 July 2011). "Happy Birthday Renault 4!". The Slovenia Times.
  7. Gutman, Patrick. (1980). "Coopération industrielle Est−Ouest dans l'automobile et modalités d'insertion des pays de l'Est dans la division internationale du travail occidentale (IIe partie)". Editions NecPlus.
  8. Turnock, David. (2004). "The Economy of East Central Europe, 1815−1989: Stages of Transformation in a Peripheral Region". [[Routledge]].
  9. "History". Revoz.
  10. Palairet, Michael. (1994). "Economics transformations in East and Central Europe: legacies from the past and policies for the future". [[Routledge]].
  11. (2002). "OECD Investment Policy Reviews: Slovenia". [[Organisation for Economic Co-operation and Development.
  12. (2005). "La internacionalización de la empresa española en los nuevos estados miembros de la UE: Guía práctica". [[University of Barcelona.
  13. (14 January 2013). "Production re-launched at Revoz". The Slovenia Times.
  14. (8 May 2014). "Revoz launches production of new Renault Twingo". The Slovenia Times.
  15. Vidrih, Mark. (21 January 2022). "Do aprila v Revozu odpuščenih še 450 ljudi. Je ogrožen obstoj tovarne?". 24ur.com.
  16. "Production Process". Revoz.

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renaultvehicle-manufacturing-companies-established-in-1988car-manufacturers-of-sloveniacar-manufacturers-of-yugoslaviaeconomy-of-novo-mesto