Milan Fiľo invests in his paper mills
Milan Fiľo and his Eco Investment group has completed a €41m investment into its Paloma plant in Slovenia. It bought the plant in 2016 and the investment has increased its production capacity from 65,000 to 90,000 tons annually. It is considering another €60m investment to increase its capacity by another 40,000 tons. Within a year, Fiľo also wants to launch the expansion of his plants in Myjava (paper bags and food packaging), Brezno (paper envelopes), Harmanec (toilet paper) and Slavošovce (paper napkins), spending hundreds of millions. Its paper plants employ 1,800 and have annual sales of over €200m.
