While bleak and uninspiring stories about the state of the Croatian economy and doing business in Croatia continue to circulate across news and media portals as well as in newspapers, not everything is so bleak, you just need to look a little harder. Croatia’s AD Plastik has contracted brand new jobs for the European Union market worth a massive 46.8 million euros.
As SEEbiz writes on the 16th of April, 2019, Croatia’s AD Plastik d.d. has contracted the new jobs for the European Union for the PSA and FCA Group.
The job of the production of speaker carriers for the Citroen Picasso and C-Elysee PSA Group cars was contracted, which is worth 1.7 million euros, with the start of production scheduled for 2020 with a projected eight-year duration. With the very same buyer, the production of side panels for the Citroen C3 in the value of an additional three million euros, with the start of production planned in 2020, is also in the works, with a projected duration of four years.
New operations for the production of guardrails/handrails for several PSA Group vehicles (Peugeot 208, Peugeot 2008, Citroen DS3 Crossback and Opel Corsa) have been agreed with a total value of 20 million euros attached to them, with a projected ten-year duration, and the works begining during 2019. The Opel Adam Crossback is yet another vehicle from the aforementioned group, for which the engine manufacturing, costing 1.4 million euros, has been contracted with Croatia’s AD Plastik, with the anticipated start of serial production being next year, and the duration of the project standing at seven years.
Croatia’s AD Plastik d.d. also arranged and contracted 20.7 million euros’ worth of new jobs for the FCA Group for the Jeep Compass and Fiat 500e cars. For the Fiat 500e, interior components and air intakes will be produced at AD Plastik’s factories, and the total value of the project is 13.9 million euros. The project duration is projected at eight years and serial production is planned for 2020.
For the Jeep Compass, handgrip production contracted at 6.8 million euros has been agreed and the start of serial production is planned for next year with an estimated four year project duration.