ACTIVITY TITLE
VERSION 2.01
Florian Group Project
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-49521
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DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2019-05-15
Planned end date 2026-06-01
Actual start date 2019-05-15
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
LIPOVLJANI LIGNUM DOO
 Implementing Private Sector
General
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. 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 Group's move towards more value-added production.
recipient country ( 1 )
CroatiaHR
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
NOVOSELEC
ID 3194344 (Geonames)
45.6525 16.53639 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Forest industries32162
100
GLOSSARY
Forest industriesWood production, pulp/paper production.
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2019-05-15
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
LIPOVLJANI LIGNUM DOO
 2,500,000
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
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. 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 Group's move towards more value-added production. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/49521
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient