The issue: there is an object linked as a group instance from another file. Either it stays as an instance or if I convert it into geometry and unlink it, in render mode or render itself, it's geometry offsets from it's location. Reproduces in new versions of Blender (2.79.6 from Thomas Schiex PPA or official daily build, 2.8 beta). In official 2.79b all works nice. The model itself is imported from .3ds file.
HW: AMD Phenom II X6 1055T, 4GiB RAM, GTX 550Ti,
OS: Kubuntu 18.04.1 LTS, nVidia drivers 390.77
{F4965287}
{F4965296}