Koles opened new wood factory at the Kocevje industrial park, southern Slovenia. The company will produce laminated wood from local timber at the plant, where 25 people will be employed. The entire production process will be automated. The investment is valued at €6m. Koles purchased the land for €6.13m. Koles was founded in May 2017 by engineering companies HS Inženiring from and Vakuumteh.