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BMW orders EPP parts from IZOBLOK Capital Group worth over EUR 14 million

IZOBLOK GmbH was selected by BMW to participate in projects for manufacturing of EPP car parts. The total value of orders is estimated at over EUR 14 million.

Bayerische Motoren Werke AG seated in Munich (Germany) placed successive orders at IZOBLOK GmbH during the period of May 2017 – February 2018. The total value of orders during this time is estimated at EUR 14,083,6 which, calculated as per the average NBP exchange rate from February 9, 2018, equals PLN 59,184,9 thousand. The above value was determined assuming the execution of orders in their entirety.

IZOBLOK has been cooperating with BMW for years. Next to BMW, the Company’s portfolio includes also other clients from OEM group, such as Volkswagen or Ford.

This appointment is another step in the very successful, long-standing cooperation. I am very pleased that our products and skills are so highly valued by BMW. – says Przemysław Skrzydlak, CEO of IZOBLOK S.A.