Paloma increases revenue but records loss

Sladki Vrh – Paloma, a maker of hygienic paper products, reported on Tuesday sales of EUR 90.5 million for 2021, a 20% increase over the year before, but the company suffered a net loss of almost EUR 7 million. Stevan Lomić, the new CEO appointed in April, wrote in the company’s annual report that Paloma, like many other companies, is affected by the turbulences in the markets. Paloma, which is owned by the Czech-Slovak group Eco Investment and posted a net profit of almost EUR 10 million the year before,…

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