Regulatory Filings • Sep 28, 2020
Regulatory Filings
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Security: ADPL / ISIN: HRADPLRA0006 LEI: 549300NFX18SRZHNT751 Home Member State: Croatia Quotation: Zagreb Stock Exchange, Prime Market
Solin, September 28, 2020
AD Plastik Group has sealed new deals in Serbia worth 6.5 million euros with PSA Group for the production of grab handles for the Peugeot 308 vehicle. Production is scheduled to begin in the second quarter of 2021, and the project is expected to last nine years. At the same time, a deal on the production of grab handles was sealed with the company TOGG, the first Turkish car manufacturer, for the C-SUV electric vehicle. The grab handles will also be produced in Mladenovac, and the total value of the deal amounts to 1.4 million euros. The start of serial production is planned for the second quarter of 2023 with an estimated project duration of five years.
The production of visible interior components for the new Alfa Romeo Tonale vehicle sealed with the FCA Group will take place in Croatia, and the total value is four million euros. The start of serial production is planned for the first quarter of 2022 with an estimated project duration of eight years.
In Russia, new deals have been sealed with the VW Group and the Renault-Nissan-AvtoVAZ Alliance, worth a total of 2.2 million euros. The start of serial production regarding part of the projects is planned for 2021 with an estimated duration of three and a half and six years, respectively. A serial production for the second part of the projects is planned to start in 2022 and an estimated project duration is four years.
Katia Zelić Investor Relations Manager
mob. +385 91 221 1446 [email protected]
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