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Fortenova sells agri unit to Podravka for 333 mln euro
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Croatia's AD Plastik in deals with SMP Automotive, Ford

May 10, 2024, 12:51:04 PMArticle by Annie Tsoneva
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May 10 (SeeNews) - Croatian car parts maker AD Plastik [ZSE:ADPL] said on Friday it has signed several contracts for the European market with German manufacturer of automotive components SMP Automotive, which are expected to generate 7.4 million euro ($8.0 million) in revenue over the projected nine-year duration of the project.

Croatia's AD Plastik in deals with SMP Automotive, Ford
Photo: Croatia's AD Plastik

New deals have also been sealed for this market with Ford with expected revenue of 1.8 million euro over the projected seven-year duration of the project, AD Plastik said in a filing to the Zagreb bourse.

AD Plastik's shares traded 0.39% higher at 13 euro on Friday morning on the Zagreb bourse, bourse data showed.

($ = 0.928 euro)

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