The news was confirmed for the STA on Monday by Radeče Papir Nova director Igor Rakuša, while the Turkish Embassy in Slovenia did no wish to comment.

The election ballots being printed in Slovenia has raised some eyebrows in Turkey, with Republican People's Party (CHP) deputy Sezgin Tanrikulu wondering last week in parliament whether this could be a part of an "electoral fraud", according to the Turkish daily Hurriyet.

Rakuša said that the value of the deal was a business secret, noting that the Radeče-based paper mill had also printed ballots for elections in Bosnia-Herzegovina.

He took the opportunity to point out that the company had not received yet the EUR 3m grant promised by the Economy Ministry at the beginning of 2014.

Radeče Papir Nova, which relaunched production last April after entering receivership in 2012, generated EUR 24m in revenue in the first half of the year.

Rakuša noted that 97% of the production was exported to a total of 42 countries, adding that the company had recently won major contracts in Africa and South America.

He expects that the Radeče Papir Nova group, which includes three profit centres, was expected to generate around EUR 40m in revenue this year.