AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

AD Plastik d.d.

M&A Activity Jul 10, 2019

2080_rns_2019-07-10_26f149a1-8964-4752-a217-e8bc40cf7053.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

Disclosure of other information

Security: ADPL / ISIN: HRADPLRA0006 Quotation: Zagreb Stock Exchange, Prime Market

Solin, July 10, 2019

New deals worth EUR 71.4 million sealed in Russia

AD Plastik Group has sealed new deals worth EUR 71.4 million for new vehicles of the Renault-Nissan-AvtoVAZ Alliance. Renault vehicles will be manufactured at the AvtoVAZ factory in Togliatti and they represent the third, more modern generation of Logan and Sandero vehicles. AD Plastik Group has sealed deals on development and manufacturing of more than 80 different exterior components, namely bumper components, rocker panels, mudguards and under engine covers which will be produced at the Russian AD Plastik Togliatti factory. The start of serial production is planned in the second quarter of 2021, and the estimated duration of the project is eight years. Since Sandero and Logan were among the twenty best-selling vehicles in Russia, new vehicles are expected to be sold in the amount of over 140,000 vehicles per year.

Contact:

Katia Zelić Investor Relations Manager

mob. +385 91 221 1446 [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.