18. Non-current financial assets
in thousand EUR | 2019 | 2018 | ||
---|---|---|---|---|
NST | – | 442 | ||
NIBO | 25 | 24 | ||
Total non-current financial assets | 25 | 466 |
The investment in the company Norsudtimber (NST) in Vaduz with a fair value of EUR 1.0 million (2018: EUR 0.4 million) was reclassified to assets held for sale. Further details about the sale are described in Note 33. Norsudtimber holds majority participations in four important forestry companies in the Democratic Republic of the Congo.
The non-current financial assets contain an investment of EUR 24 757 (2018: EUR 23 857) in Nederlandse Internationale Bosbouw Onderneming NV (NIBO). This investment is placed in USD with a value of USD 27 306.