Croatian car parts maker AD Plastik in 47.7 mln euro deals in Russia
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)
Feature Image: Croatian manufacturer of plastic components for the automotive industry AD Plastik,
Photo: AD Plastik