AD Plastik Announces New Deals in Russia Worth EUR 47.7m

To put things into perspective, the deals accounts for roughly 29.6% of the company’s TTM consolidated revenues.

AD Plastik has continued its expansion in the Russian market, with the new deals signed with Renault-Nissan-AvtoVaz Alliance in the amount of  EUR 47.7m for various vehicle models, with an estimated project duration of five years.

This is the newest in the line of deals that the Company has been signing in the European and Russian markets (5th deal since the beginning of 2021), with the last deal being signed in June with Stellantis, in the amount of EUR 53.2m. To read more about this deal, click here.

To put things into perspective, the deal accounts for roughly 29.6% of the company’s TTM consolidated revenues. At the same time, it is important to note that the EU and Serbian markets account for 72% of the Company revenue, while the Russian market accounts for the remaining 28%.

InterCapital
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Category : Flash News

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