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Fortenova sells agri unit to Podravka for 333 mln euro
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Croatia
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Fortenova sells agri unit to Podravka for 333 mln euro
addedabout 14 hours ago
Fortis Energy buys 180 MW solar project in Serbia
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Croatia's AD Plastik seals 40 mln euro car parts contract in Russia

Oct 10, 2019, 2:55:11 PMArticle by Stefan Radulovikj
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October 10 (SeeNews) - Croatian manufacturer of plastic components for the automotive industry AD Plastik [ZSE:ADPL] said on Thursday it has signed a 40 million euro ($44.1 million) contract for the production of car parts for the Renault-Nissan-AvtoVAZ alliance in Russia.

Croatia's AD Plastik seals 40 mln euro car parts contract in Russia
Croatian manufacturer of plastic components for the automotive industry AD Plastik, Photo: AD Plastik

AD Plastik will produce static seals for the new Lada Granta as well as outer belts for Renault Logan and Sandero in its factory in Togliatti, Russia, it said in a filing to the Zagreb Stock Exchange (ZSE).

Serial production is planned to start in the second and third quarter of 2021 and last for eight years.

($ = 0.906829 euro)

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