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Wednesday, 16 September 2020 08:16

The Czech owner continues to restructure the Slovenian paper mill Vipap Videm Krško.

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RIDG Holding Group, the new Czech owner of Slovenian paper mill Vipap Videm Krško, continues to restructure and modernize. The top management is newly expanded by Mojca Mia Berger, the new CFO, and Aleš Lavrič, Director of Logistics. Last November, the company appointed the new CEO Petr Domin, and in March it introduced the new HR Director Vesna Kemper. The new management aims to streamline the operation of the company and to increase its flexibility, the level of education of its employees, and the profitability of the company.

  • Slovenian paper mill Vipap Videm Krško has appointed Mojca Mia Berger as the new CFO.
  • Aleš Lavrič became the new Director of Logistics. He will be responsible not only for increasing efficiency in the field of logistics but also for purchasing and planning.
  • The new Czech owner RIDG Holding Group continues to carry out an intensive restructuring, even during the coronavirus pandemic, to increase the flexibility and level of education of its employees in the future.

vipapMojca Mia Berger has previously worked as the Head of Finance & Controlling for American & Efird (A&E Europe). She has extensive experience not only at the local but also at the regional level. During her 20-year career, she has held senior positions in the finance departments of Hewlett-Packard, Knauf Insulation, and the Imperial Tobacco Group. Mojca Mia Berger graduated from the Faculty of Economics at the University of Ljubljana. "I am glad to expand Vipap's management and participate in the development of its strategy, including restructuring and subsequent optimization. Further strengthening the financial team is important for long-term economic growth. The most common fields for improvement are the cash flow predictions, inventory management, cost allocation, and financial reporting processes. Therefore, I will primarily focus on improving work with data and the management information system,Mojca Mia Berger explains her role at Vipap Videm Krško.

The new Director of Logistics Aleš Lavrič comes from Yaskawa Europe Robotics, where he was responsible for purchasing activities and the functioning of the supply chain. Aleš Lavrič worked for 12 years in the field of purchasing and logistics, 5 years devoted to the development and for 6 years focused on the implementation of IT solutions. He graduated from the Faculty of Mechanical Engineering of the University of Ljubljana. He describes his new vision for the development of paper mill Vipap Videm Krško: “I believe in the principles of lean production and constant progress. But it is a process that never ends. In other words, if we reach the comfort zone, changes need to be made. These depend on increased economic efficiency, but not at the expense of safety, health, or the protection of the environment."

"An appointment of Mojca and Aleš is a crucial step for the further development of our paper mill. They are experienced managers who have demonstrated their skills several times during their careers. I am glad to welcome them to our team and I believe that they will play a key role in the enterprise modernization and the strategic development of the company and our employees. The top management of the company is complete now and together we are ready for new challenges. Now we have managers in the team who already have extensive experience in our company, such as Technical Director Milena Resnik or Sales Director Ladislav Kristančič, as well as our new colleagues who will certainly bring a fresh breeze," explains Chairman of the Board and CEO of Vipap Videm Krško Petr Domin.

The further development of the paper mill is also proven by the new acquisitions in production. The company's latest steps include the installation of a new WIN CC operating system in machines or the modernization of a cutting unit worth € 350,000 (more than CZK 9 million). Last year a new bearing roller worth € 89,500 (almost CZK 2.5 million) was installed, and this April also a second support roller with a new elastic lining worth € 47,500 (over CZK 1.2 million). These investments are among the key steps that are turning Vipap Videm Krško into one of the most modern paper mills in Central Europe.

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    About Vipap Videm Krško

    The foundation of the company was laid in 1939 by Fran Bonač, who built a pulp mill in the small village of Videm near the Slovenian town of Krško. At that time he employed 180 locals. Today, Vipap Videm Krško is the largest paper mill in Slovenia and an important supplier of newsprint, magazine, and flexible packaging papers in Southeastern and Central Europe. Between 1997 and 2015, the company invested more than EUR 150 million to modernize its technology – not only to improve the exquisitely of its production but also to reduce its environmental impact. Today, its annual production exceeds 200,000 tons of paper. In 2019, EBITDA reached EUR 7 million and the company had over 350 employees. In November 2019, the sale of the company was completed and the Czech investment holding RIDG took over the paper mill from the Czech Ministry of Finance. https://www.vipap.si/

    About RIDG Holding

    The RIDG Holding Group is a consortium of Portiva, the IPDC Group, the Investment Club, and KRPA Holding. The owners are long-term and experienced investors in the areas of paper production, energy, real estate, development, production, and technology with a business history since 1994. The assets of companies associated under the RIDG Holding reach CZK 8 billion. https://ridgh.com/

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