Regulatory Filings • Oct 28, 2011
Regulatory Filings
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CROATIA, 21210 SOLIN, MATOŠEVA 8 · www.adplastik.hr TEL: +385(0)21 206-444 · SALES: +385(0)21 206-494, +385(0)21 206-504, +385(0)21 206-625 PURCHASING: +385(0)21 206-689, +385(0)21 206-685 . LOGISTICS: +385(0)21 206-754 FAX: +385(0)21 206-489, +385(0)21 206-709
AD Plastik, d.d., Solin MANAGEMENT BOARD Solin, 28th October 2011
Renault appointed AD Plastik, d.d., Solin for the Edison project, as the supplier for exterior and interior positions for the new vehicle which Renault is developing with Daimler Chrysler.
The beginning of production is planned by the end of 2013. This new business deal will result in the increase in the amount of vehicles for which AD Plastik supplies products for the buyer Renault-Revoz from Novo Mesto, from current 170,000 to 230,000 vehicles.
The Edison project will be realized in two locations: in Novo Mesto, Slovenia (Renault variation and Smart with 4 doors), and in Hambach, France (variation Smart with 2 doors).
In the period until 2018 the realization in the total amount of $\epsilon$ 190 million is planned, and it will mean an increase in realization in 2015 by 30% in comparison to the current production for the buver Renault-Revoz.
The Edison project represents a new advance for AD Plastik due to ensuring a long-term good position of this company in the region, as well as spreading of its current range of buyers (Daimler Chrysler).
Ivica Tolić, Management Board Member
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