| Project Detail |
The provision of long-term financing to Lipovljani Lignum d.o.o. (the Borrower), a key subsidiary of Florian S.p.A., a joint-stock company incorporated in Italy, acting as a holding company for subsidiaries in Italy, Croatia, France, and Hungary (Florian Group). Florian Group operates in the hardwood processing industry through the production and sale of square-edged boards, floorings and furniture. Project Objectives The EBRD funding will be used to finance investments into resource efficiency improvements through the construction of a pellet plant at the facilities of DI Novoselec d.o.o., a subsidiary of the Borrower, and to support Florian Groups move towards more value-added production. |
