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IZO-BLOK gets a new contract for over PLN 36 million from HP Pelzer

IZO-BLOK has received a new order from HP Pelzer Holding – one of the largest TIER1 suppliers in the automotive industry in the world. The Company has received an order from the German contractor for the delivery of EPP car parts worth over EUR 8 million (more than PLN 36 million). IZO-BLOK has been cooperating with HP Pelzer for more than 15 years.

The expected start date of putting order into effect and kick off with deliveries for HP Pelzer is November 2017. While the lead time is foreseen for a period of 7 years. IZO-BLOK has been cooperating with HP Pelzer since 2001. There are also other other key customers being a part of TIER1 group and cooperating with IZO-BLOK as: Lear Corporation, Faurecia, Johnson Controls czy  YanFeng Automotive Interiors.

We make hay while the sun shines. We are very active and business oriented despite having a big challenge with shares issuing back in June this year. I think it is a very positive step both for our shareholders and potential ones – said Przemysław Skrzydlak, CEO of IZO-BLOK S.A.