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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.