Impol, Slovenia’s largest maker of aluminium products, has launched a new automotive production line at its subsidiary TLM in Croatia, consolidating its position on the automotive market.
Worth 6.5 million euros, the new investment will enable the company to expand its cold rolling mill production as well as the production of a wider variety of new products intended for industrial customers and specialised car and aircraft industry markets.
“[This] is an important investment to attract and serve final customers who consume the biggest amount of aluminium products and require the highest quality standards,” said Impol’s CEO Andrej Kolmanič.
TLM generated more than 36 million euros in net profit in 2018, and Impol plans to keep investing, expanding its production capacities.
“The investment demonstrates that business transcends state borders,” said Mario Antonić, state secretary at the Croatian ministry of the economy.
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Photo: Impol
