To put things into a perspective, new deals account for 39.3% of the company’s T12 operating revenue.
AD Plastik Group has sealed new deals worth EUR 71.4m for new vehicles of the Renault-Nissan Avto VAZ Alliance. Renault vehicles will be manufactured at the Avto VAZ factory in Togliatti. AD Plastik Group has sealed deals on development and manufacturing of more than 80 different exterior components, such as bumper components, rocker panels and under engine covers which will be produced in Togliatti factory. The start of serial production will likely begin in the second quarter of 2021, and the estimated duration of the project is eight years. New vehicles are expected to be sold in the amount of over 140,000 vehicles. To put things into a perspective, new deals account for 39.3% of the company’s T12 operating revenue.