The production plant in Solin was visited by students of School of Economics Ivan Lucić from Trogir. They came to visit on the initiative of their accounting professor Ljubica Pavić Kabić, and colleagues Krešimir Jurun and Sandra Capan explained to them how theory works in practice. They introduced students to the way AD Plastik Group operates, explained to them accounting treatment of raw materials costs, storing finished products and writing off sold products from a warehouse. This is what students learn in classrooms so it was very interesting for them to see how to apply gained knowledge in practice. After the presentation they visited production hall and students did not hide their thrill. Maybe some of the future ADP employees are hidden among them.

Positive business trends of AD Plastik Group have successfully continued in the third quarter. Operating revenue grew by 5.9 percent and in the first nine months of 2017 they amounted to HRK 779.5 million. The net profit in the amount of HRK 41.7 million was by 33.7 percent higher than in the same period last year.

The final recovery of the Russian market contributed greatly to total revenue growth, and operating revenue in that market grew by even 21 percent, while overall vehicle sales growth in Russia in the same period amounted to 10.6 percent. In the markets of the European Union and Serbia, AD Plastik has a stable market position which has been strengthened through the new deals sealed in 2017.

„Continuous work on optimizing business efficiency and cost management is manifested primarily through increased margins and profitability. EBITDA margin in the reporting period amounted to a very high 15.1 percent and EBITDA amounted to HRK 117.5 million, showing a growth of 18.2 percent compared to the same period of the previous year,” said Marinko Došen, President of the Management Board.

The financial position of AD Plastik Group strengthened in the first nine months of 2017, so as compared to the end of last year, the credit indebtedness decreased by HRK 31.2 million.

„In the observed period, we have been working intensively on signing new deals for existing customers which have reached the final phase of the negotiations and we are hoping for the upcoming nominations. In the third quarter, a dividend of HRK 8.5 per share was paid and we started investing in ‘Pilot painting line for industrial research, development and innovation’,” said Marinko Došen.

On the 8th Virtual Career and Knowledge Days, the fair organized by the website MojPosao and regional partners Infostud and Posao.ba, AD Plastik offers ten job positions in Solin and Zagreb.

This year 70 companies and educational and training institutions from Croatia and surrounding countries shall be introduced on fair. Virtual Career Days last until October 18, 2017 and on Friday, October 13, employers will be presented to interested people via webcast.

Employers speakers will be available on chat and candidates interested in job can also arrange a video conversation through a private video chat.

Virtual Careers and Knowledge Days are a continuation of the physical fair „Career Days“, organized by the website MojPosao since 2005. In 2010 the fair became virtual and a year later partner websites Infostud.com and Posao.ba joined the fair organization, giving the fair a regional dimension in such manner. The fair is held once a year and lasts for seven days and not only companies, but educational institutions with educational programs as an inevitable element of lifelong learning are presented on it.

Cooperation with volunteer fire department Zapad has begun in Zagreb, thus firefighting training has been organized in production site Zagreb1. Volunteer fire department Zapad joined AD Plastik firefighting training with additional equipment and means. In the middle of the year a firefighter training was conducted and it was attended by ten employees of AD Plastik. Courage, resourcefulness and complete ability for firefighter job were shown by three female production workers of injection moulding production hall and all participants enrolled in volunteer fire department.

As a token of appreciation for training assistance and based on Group strategy regarding corporate social responsibility, a radio station was donated to volunteer fire department Zapad that will facilitate their communication on life-saving and property-saving interventions.

A total of 34 Croatian companies and organizations have signed the Diversity Charter at the Esplanada Hotel, aim of which is to foster diversity, non-discrimination, inclusiveness and equal opportunities at the workplace. AD Plastik Group is among the first companies in Croatia to sign a Charter developed under the joint project of the Croatian Business Council for Sustainable Development (HR BCSD) with partners from Slovenia and Romania. The signatories of the Charter undertake to implement a policy of diversity and non-discrimination in their working environments and business environment.

Croatia is the 19th country in the European Union to sign the Charter and the initiative is strongly encouraged by the European Commission. The signatories of the Diversity Charter have joined a community that gathers more than 7100 signatories from 18 European countries. In this way, they opened up new channels and potential for their organization, employees and community in which they want to conduct business responsibly. Diversity is one of the fundamental values of a modern society and although we know intuitively how important it is, it becomes increasingly clear that it is an important factor in the business sense.

The Diversity Charter in Croatia continues to implement successful models from other European countries and it is based on a set of principles voluntarily accepted by the signatories in order to promote diversity, non-discrimination, inclusiveness and equal opportunities at the workplace.

Knowledge, competence, ability and motivation are the only values that the business sector wants and can value. Accepting diversity is a matter of business ethics and AD Plastik Group promotes diversity, non-discrimination and inclusion in the workplace in its Code.

The Romanian-Croatian Economic Forum was held in Bucharest as part of the official visit of President Kolinda Grabar-Kitarović to Romania. It was held in the organization of the Croatian Chamber of Economy and the Chamber of Commerce and Industry of Romania, and business talks were also organized where the possibilities of concrete business cooperation were discussed. The forum brought together 22 Croatian and 45 Romanian companies, including AD Plastik Group, which has been present in the Romanian market for 15 years already.

“We have a joint factory with the French partner Faurecia located in the Dacia factory area. We manufacture components exported from Romania to Russia, India, Colombia, Morocco and Algeria. We are pleased to have business in Romania and we are planning to expand our presence. Along with Dacia, there is also Ford car manufacturer with which we are also discussing the possibilities of business cooperation,“ announced Marinko Došen.