AD Plastik Issues Another Announcement Regarding Covid-19 Impact

AD Plastik announced that they are forced to stop most of their production at production sites in Croatia, Serbia and Hungary for a while.

On Friday, AD Plastik published another announcement regarding the Covid-19 impact on their operations.

The Group has been exposed to significant business challenges and risks. In accordance with the stoppage of production of their customers, the world’s most renowned car manufacturers, AD Plastik announced that they are consequently forced to stop most of their production at production sites in Croatia, Serbia and Hungary for a while.

The Group notes that at the moment they cannot predict the duration of this situation at their production sites, as it depends primarily on the global market situation and the activities of their customers. For the time being, production processes have been proceeding as planned at the company’s Russian production sites, and they continue their project activities in developing components for new vehicle models.

The company notes that they fully focused and determined in maintaining the vitality of the company in order to meet the requirements of the Group’s customers and interests of all stakeholders.

InterCapital
Published
Category : Flash News

Want to invest? Do not know how and where? Contact us and we will solve everything for you.