Annual Report 2018
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10. Non-current financial assets
| in thousand EUR | 2018 | 2017 | ||
|---|---|---|---|---|
| NST | 442 | 426 | ||
| NIBO | 24 | 23 | ||
| At 31 December | 466 | 449 |
The non-current financial assets contain an investment of EUR 0.4 million (2017: EUR 0.4 million) in Norsudtimber Company (NST) in Vaduz and an investment of EUR 23 857 (2017: EUR 22 793) in Nederlandse Internationale Bosbouw Onderneming NV (NIBO). Norsudtimber holds majority participations in four important forestry companies in the Democratic Republic of the Congo. This investment is directly held in EUR, whilst the NIBO investment is placed in USD with a value of USD 27 306.