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AD Plastik signs new contracts for the European market

<p>Marinko Došen</p>
Marinko Došen / Image by: foto Ratko Mavar

AD Plastik Group has signed new contracts with the customer Stellantis for the European market, with expected revenues of €5.5 million, the company reported on Thursday.

As stated in their announcement, the project is expected to last for seven years. New contracts have also been signed with Ford for this market, with expected revenue of €3.6 million over a twelve-year period.

According to previously published data, the net profit of AD Plastik Group in the first nine months of this year amounted to €580,000, which is an increase of 44.4 percent compared to the same period last year. Commenting on the achieved results, the CEO of AD Plastik Group Marinko Došen stated that the company has once again demonstrated its resilience and adaptability during this period, achieving significantly higher growth than the market itself, and he announced that they expect additional contracts by the end of the year that will strengthen their order portfolio.

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