Type
Business expansion
Country
Slovenia
Region
Slovenija; Podravska;
Location of affected unit(s)
Sladki vrh
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.22 - Manufacture of household and sanitary goods and of toilet requisites

50 jobs
Number of planned job creations
Job creation
Announcement Date
8 June 2021
Employment effect (start)
8 June 2021
Foreseen end date
31 December 2021

Description

Paloma, a manufacturer of hygienic paper products (like toilet paper, kitchen towels, napkins, tissues) and market leader in South-East Europe, plans to employ 50 workers. The company has recently opened a new production line of paper worth €41 million. The investment will raise the production capacity from 72000 to 90000 tons of paper a year. The owner, the Slovak company Eco Investment, is considering expanding the production for two more production lines. Investments in machinery not only bring new employments but guarantee job security to 500 Paloma’s workers.

For previous restructuring events, see PalomaSL-2007 and PalomaSL-2005.


Sources

Citation

Eurofound (2021), Paloma, Business expansion in Slovenia, factsheet number 104894, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104894.