The European Bank for Reconstruction and Development (EBRD) is granting Italian wood processor Florian SpA a € 5 million loan to build a pellet plant at its Croatian subsidiary Lipovljani Lignum doo. The bank also supports the company in efficiency control by establishing a Corporate Governance Action Plan (CGAP). The pellet plant is being built on the premises of the woodworker DIN Novoselec doo, again a subsidiary of Lipovljani Lignum doo. The Florian Group acquired DIN Novoselec doo at the end of 2016. The company produces parquet and oak solid wood furniture. The ...
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