18 February 1998
The company Eko Papir d. o. o. founded; 100% equity share held by Darko Matošić. The first start-up of manufacturing was in Peteranec.
Relocation to the current manufacturing facility in Gola
The current managing director Krešimir Matošić, dipl. ekon., is employed with the company
The beginning of a strong investment cycle with the purchase of the first machine for bags with handles and the focus on international European markets.
The beginning of the cooperation with the Slovenian company Klamas, which has become the most important partner of Eko papir and has significantly contributed to the company’s growth in European markets.
Krešimi Matošić becomes the Managing Director of the company. The company continues its strong investment cycle by investing into machines for manufacturing bags with handles and flat bottom bags.
Irena Matošić begins working at the company in the field of purchasing and sales.
The production facility housing the machinery for manufacturing flat bottom bags burnt to the ground.
Generali GEF – a private equity fund – acquired a 75% equity interest in the company by purchasing a shareholding. Krešimir Matošić (12.5%) and Irena Matošič (12.5%) become minority owners of the company.
EKO papir buys the company Klamas d. o. o., which is then renamed into EKO papir d. o. o.
The company EKO papir adopts a new strategy, according to which it will additionally increase its investments into new machinery and will also double these investments in the next few years. This way, the company will additionally strengthen its position on the European market.