May 18 (SeeNews) - Croatian manufacturer of plastic products for the automotive industry AD Plastik [ZSE:ADPL-R-A] said on Monday it will adapt its production to a restart of operations at France's PSA Group, a key client of the Croatian company.
All PSA Group plants will initially operate at reduced capacities, according to which AD Plastik's sites will adapt, AD Plastik said in a statement with the Zagreb bourse.
The Croatian manufacturer has eight production plants in five countries - three in Croatia, two in Russia, and one each in Hungary, Serbia and Romania, employing some 2,900 workers in total.
The company's shares traded 1.09% higher at 139 kuna ($20/18 euro) by 13:56 CET on Monday on the Zagreb Stock Exchange.
(1 euro = 7.55752 kuna)