EMCC European Monitoring Centre on Change

Paloma

Company/Organisation:
Paloma

Geographic Location

Country: Slovenia
Region: Podravska; Slovenija
Location of affected unit(s): Sladki vrh

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
17.22 - Manufacture of household and sanitary goods and of toilet requisites
Number Employed: 500
Group: SHP Group

Employment Effects

Announcement Date: 08-06-2021
Type of Restructuring: Business expansion
Employment Effect Start: 08-06-2021
Foreseen End Date: 31-12-2021
Planned Job Creation: 50

Additional Information

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.

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