To put things into a perspective, the deals account for 7.9% of trailing 12m consolidated revenues.

AD Plastik published an announcement stating that the Group has sealed new deals in Serbia worth EUR 6.5m with PSA Group for the production of grab handles for the Peugeot 308 vehicle. Production is scheduled to begin in the Q2 of 2021, and the project is expected to last 9 years.

At the same time, a deal on the production of grab handles was sealed with the company TOGG, the first Turkish car manufacturer, for the C-SUV electric vehicle. The grab handles will also be produced in Mladenovac, and the total value of the deal amounts to EUR 1.4m. The start of serial production is planned for the Q2 of 2023 with an estimated project duration of 5 years.

The production of visible interior components for the new Alfa Romeo Tonale vehicle sealed with the FCA Group will take place in Croatia, and the total value is EUR 4m. The start of serial production is planned for the Q1 of 2022 with an estimated project duration of 8 years.

In Russia, new deals have been sealed with the VW Group and the Renault-Nissan-AvtoVAZ Alliance, worth a total of EUR 2.2m. The start of serial production regarding part of the projects is planned for 2021 with an estimated duration of three and a half and six years, respectively. A serial production for the second part of the projects is planned to start in 2022 and an estimated project duration is 4 years.

To put things into a perspective, the above-mentioned deals account for 7.9% of trailing 12m consolidated revenues.