New deals worth EUR 46.5 million sealed in Russia
AD Plastik Group has sealed new deals worth EUR 46.5 million in the Russian market for various vehicle models. This is a continuation of successful cooperation with the Renault-Nissan-AvtoVAZ Alliance, which is one of the key car manufacturers in the Russian market.
New deals worth EUR 24 million have been sealed with this customer for the new Granta Square model, the successor to the currently best-selling model in the Russian market, Lada Granta. Headliners, chasis protectors, mud flaps and rear skirts will be produced for this vehicle at AD Plastik Togliatti plant and the vehicle itself will be produced at AvtoVAZ plant in Togliatti. Granta Square will be produced in three versions, namely version Sedan, the Sportback compact version and the upgraded off road version Cross. The Granta has been accepted as the most affordable family vehicle in the Russian market, offering the best ratio of comfort, equipment and price. The production of new vehicle models is aimed on constant increase in their quality, thus the emphasis regarding Granta Square has been set on improvements in the acoustics and visual impression of the interior and exterior of the vehicle. This vehicle is one of the most popular in the Russian market and therefore this cooperation is especially important for AD Plastik Group.
After a serious cooperation agreed in July for Renault Logan and Sandero vehicles, a deal on the production of headliners worth EUR 12 million has been additionally sealed for the mentioned models. The start of serial production of the vehicles, regarding which the deal was sealed with the Renault-Nissan-AvtoVAZ Alliance, is planned for the second and third quarters of 2021, with an estimated project duration of eight years.
Successful cooperation has been continued also with the Volkswagen Group in the Russian market, thus new deals worth EUR 10.5 million have been sealed for Volkswagen Tarek and Škoda Karoq vehicles. Trunk side trims will be produced for these vehicle models at AD Plastik Kaluga plant and the start of serial production of the vehicles is planned for the end of 2020 with the estimated duration of seven years.
