Stevan Lomić

Paloma increases revenue but records loss

Published by The Slovenia Times on Tue, 09/06/2022 - 22:29

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.