AD Plastik d.d.

AD Plastik sells 40 pct stake in Faurecia ADP Holding

AD Plastik, Croatia's largest manufacturer of plastic components for the automotive industry, said on Monday that it sold to France's Faurecia Automotive Holding a 40% stake in the Faurecia ADP Holding company, which is the 100% owner of the OOO Faurecia ADP company in Luga, Russia.

AD Plastik Group income down 2.4 pct, profit up 4.2 pct

The generated income is in line with the company's business plan, which included problems on one of the company's most important markets -- Russia.