IC Market Espresso 26 Nov 2021

 
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%.

Block Transactions in Total Equity Turnover October 2021

For today we decided to bring you an overview of how much value is traded through equity block transactions as opposed to regular market transactions on the Croatian market.

A block trade basically means a transaction between two parties, which involves the sale or purchase of a large number of securities. Such a transaction usually involves a significantly larger number of equities or bonds being traded at an arranged price between two parties, sometimes outside the open markets. On the ZSE, the minimum amount for a block transaction is HRK 2m. These transactions represent an important way of trading on a less liquid market, as they are used to lessen the impact that a large transaction has on a price of certain security. Because of this, we decided to bring you an overview of how much value is traded through equity block transactions as opposed to regular market transactions on the Croatian market.

Equity Turnover Breakdown (HRK m)

When looking at the charts provided above, it is noticeable that the share of the block transactions has been gradually increasing over the years, as the liquidity of the market has decreased with 2016 being the year when the block transactions had the largest share. With 2021 continuing its strong trend of block trade transactions, it could surpass 2018, when block trades had the 2nd largest share after 2016.

Block Transactions as % of Total Turnover