To put things into a perspective, the deals account for roughly 29.5% of the companies T12 consolidated revenues.

AD Plastik published a document on the Zagreb Stock Exchange announcing that they have concluded new deals worth EUR 60.7m in Russia. The Group has sealed new deals with AvtoVAZ with a total value of EUR 57.7m for a new Lada Niva vehicle model. This vehicle will be produced at the AvtoVAZ factory in Togliatti, and it will undergo a complete redesign.

AD Plastik Togliatti will produce various exterior components for Lada Niva such as front skirts and rear skirts, wheel arch housings, absorbers, front and rear fender protectors and side trims. In addition to production, the Group is also in charge of the development of cover grilles and exterior pillar trims. The start of serial production is planned for the Q1 of 2023, and the estimated duration of the project is 10 years.

At the same time, new deals totaling EUR 3m have been sealed for the Nissan Qashqai, whose front fender protectors will be produced at AD Plastik Kaluga. The start of serial production is planned for the last quarter of 2022 with an estimated project duration of 6 years. To put things into a perspective, the deals account for roughly 29.5% of the companies T12 consolidated revenues.