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Croatian car parts maker AD Plastik in 47.7 mln euro deals in Russia

Author Annie Tsoneva
Croatian car parts maker AD Plastik in 47.7 mln euro deals in Russia Croatian manufacturer of plastic components for the automotive industry AD Plastik, Photo: AD Plastik

ZAGREB (Croatia), November 25 (SeeNews) - Croatian manufacturer of plastic products for the automotive industry AD Plastik [ZSE:ADPL] said on Thursday it signed several new contracts in Russia with Renault-Nissan-AvtoVAZ Alliance worth a total of 47.7 million euro ($53.5 million).

The estimated duration of the projects for various vehicle models covered by the deals is five years, AD Plastik said in a filing to the Zagreb Stock Exchange (ZSE).

AD Plastik's shares traded at 164 kuna ($24.5/21.8 euro) on Thursday morning on the ZSE, unchanged from the closing price on Wednesday.

(1 euro = 7.522 kuna)

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