France–Romania relations
French-Romanian relations are bilateral foreign relations between France and Romania. Diplomatic relations between the two countries date back to 1880, when mutual legations were opened, although contacts between France and Romania's precursor states stretch into the Middle Ages. Both countries are full members of NATO and of the European Union. Since 1993, Romania is a member of the Francophonie. History. 20th century. French foreign policy in the 1920s and 1930s aimed to build military alliances with small nations in Eastern Europe in order to counter the threat of German attacks. Paris saw Romania as an  ideal partner in this venture, especially in 1926 to 1939. During World War II the alliance failed. Romania was first neutral and then after Germany defeated France in 1940 it aligned with Germany. The main device France had used was arms sales in order to strengthen Romania and ensure its goodwill. French military promises were vague and not trusted after the sellout of Czechoslovakia at Munich in 1938, By 1938 French needed all the arms it could produce. Meanwhile, Germany was better poised to build strong economic ties. In 1938-39 France made a final effort to guarantee Romanian borders  because it calculated that Germany needed Romanian oil, but Romania decided war with Germany would be hopeless and so it veered toward Berlin Companies. In 1976-1994 the French automaker Citroën attempted to make profit with a socialist–capitalist joint venture. It built the Citroën Axel for Western markets, while branding it the Oltcit in Romania. Romania was seeking up-to-date technology to strengthen its weak industrial sector. Citroën wanted peripheral production centres with lower wages to lower production costs and reach new markets. In the long run the venture was a costly failure for several reasons. Supply lines  were often interrupted so that production output fell short of expectations. Romanian factories were unable to produce flawless cars or meet delivery deadlines. The French multinational banking company Société Générale acquired the majority stake in the Romanian bank Banca Română pentru Dezvoltare in 1999, and renamed it BRD – Groupe Société Générale. It is the third largest bank in Romania by total assets and market share. French construction company Colas Group has worked on the Romanian A2 motorway section between Cernavodă and Medgidia, between March 2009 and April 2011, when the contract was terminated by the National Company of Motorways and  National Roads of Romania due to low progress from the French company.