THE SITEIn 2003, after a thorough feasibility study, the company decided to choose Sebess as strategic site for the CIATTI plant construction. Sebes is the most important wood district in Romania.On the main road coming fron hungarian border and leading to Bucharest, the plant is about 50 km. from Sibiu airport and 100 km. From Cluj Napoca airport.In this area are settled important inernational companies including the major chipboard producer in Romania.. .

TOTAL SIZE OF COMPLEX

Total area 42.000 sqmArea with buildings 26.440 sqm

Plant (heated) 13.000 sqmFinish product warehouse 1.000 sqm equipped with

10 m. high shelvingcapacity 30.000 boxes

Loading bays for trucks 4Raw materials warehouse 2.400 sm

Loading dock 9,500 sqm of cast concrete 15cm thick Office and guest house 750 sqm on two floorsLand for construction 15,800 sqm available

START UPIn 2004, the Company was designed and built according to construction standards and at the end of that year production began.The start-up company was managed and monitored by the founders according to criteria and high standards of quality. The trained staff have acquired skills and professionalism as well as total reliability and operational autonomy. With the exception of the Italian directors, therefore, CIATTI HT is managed by trained and capable Romanian personnel;There is total of 40 staff members, including the Chief Executive and Financial Officer, Sales Manager, and Production ManagerCurrently the plant produces about 100,000 packaged products per year (1 shift), but the maximum production capacity is 600,000-800,000 products manufactured with the introduction of additional shifts.

The ProductThe range of products - furniture kits - is broad and designed for different family needs:• cabinets• shoe racks• functional furniture• home office desks• bookshelves• supports for LCD and plasma TVNew products are currently in the works for specific segments of the Romanian and international market.The main Romanian customers, CARREFOUR and CORA are managed directly without any intermediation.

-The plant with its equipment is able to produce any product in particleboard and MDF, with multiple finishes, as evident from the accompanying machinery specifications.

- European Economic Community Structural Funds available for companies under Romanian law finance and facilitate investment for both structural development and trade expansion.

Warehouse and platform

Chip collector silo

Plant

Plant

Office/Guest house

Office/Guest house

List of machinery and installations

The installations and acquired machinery allow for the production of any chipboard and MDF product, with the possibility of different finishes, as shown in the accompanying technical specifications.

Giben : -2005- Automatic angular saw for the longitudinal and transverse cutting of chipboard panelsMod. SIGMATIC 301 MCLüPanel size Max-4500x2200 üMax. cutting height 117üMachine for waste collection and grindingüPossibility of differentiated sizes and pre-cut pieces.üAutomated unloading with robot

Ø Stefani Line: -2005 - Cutting and Edgebanding machineryconsists of:

Ø Loading Cell Mod. RUNNER/D-CSLØ Edgebander Mod. SB PERFORMANCE FIRST LINEØ Connecting Cell Mod GP DC/A-LØ Squaring Mod. PERFORMANCE SB SECOND LINEØ Loading Cell Mod. RUNNER/D SSLØ The minimum workable size is 250x250, while the

maximum is 3000x2000, max height 40 and edgethickness from 0.3 to 3 mm.

Ø The maximum speed is 50 meters per minute withoutreducers and with a thin edge, otherwise it can reach 30 meters.

Homag Line: -1993 - Edgebanding line consists of:

ØDouble Loading CellØFirst line soft-forming EdgebanderØConnection CellØSecond line EdgebanderØDouble unloading Cell

The sizes are more or less those of Stefani. Moreover, this can perform Soft-Forming. The maximum speed however, is 28 meters per minute.

IMA Combiform: -2006 - Combined machine for cutting, mono-lateral squaring, profiling, edging and finishing squared panels Mod.COMBIFORM/I/R75/1175/V

The machine can process up to 18 meters per min. With a workable overhang of 40 cm.

IMA Combiform (2): -1998 - Same as the previous processing procedure.Speed over 10 meters per min., with smaller pressure zone and just one trimmer.

Biesse: -1997 - Biesse CNC Drilling line consisting of:ØLoading CellØBiesse drill Mod. Tecnologic/cnØBiesse drill/plug inserter Mod. Infortecno/cnØUnloading cellØThe capacity of this machine should be about 20 pieces per minute, but there are many variables. Number of holes, hole diameter and alternation of holes.

This machine, with respect to the Morbidelli, has closer heads to make closer holes, and therefore fewer steps.

Biesse: -1999 - CNC Drilling line consists of:

ØLoading CellØBiesse drill Mod. Tecnologic/cnØBiesse drill Mod. Tecnologic/cnØUnloading Cell

Compared to the old one this is faster. It should reach up to 26 pieces per minute, but above all has the speed setting that allows the drilling ofcleaner holes at higher speeds, and much faster positioning.

Morbidelli: -1992 - CNC Morbidelli Drilling line consists of:

ØLoading cellØMorbidelli drill Mod. CN3ØMorbidelli inserter Mod. CN3ØUnloading cell

These process approximately 20 pieces per minute. They are comparable to the older Biesse, except that the heads are wider and therefore more binding in the hole patterns.

Morbidelli :-1995- CNC drilling line as above

Ligmatech: -2006 - Packing line consists of:

ØOpen box conveyor beltØAutomatic box closing stationØRoller tableØLabel printerØThree-side label applicator.

The maximum capacity of the packing line is 7 Pcs per min., while the maximum sizes are 3000x1000, and height 300.

Millennium: -1996 - Work centre for edging moulded products.

The speed depends on the shape of the piece, and must be set according to the rays.

Iman Pack: -1995 - Automatic packaging machine for bags ofhardware Mod. MICROVERT POLY.

Pantograph Biesse: 2003 - CNC Biesse machining centre Excel 4826 Mod TC consists of:Ø2 heads for milling and drilling with automatic changerØ2 work surfaces

Suction system - 2005 - consisting of:

Ø4 independent suction linesØ2 sub-filtersØ1 Silos chip collectorØ

Heating equipment -2005 - consists of:

ØFerroli boiler mod. GM 1.5 with moving grate, ranges from1,500,000 Kcal /hour to 7 smoke passes, powered by the chipscollected in bins and ground waste.ØMulti-cyclone flue gas treatment plant with full pollutiondecantation system.ØREHAU automated underfloor heating with launch pumps on 48 separate circuits.

Compressed air system - 1996 - consisting of:

Ø3 Ingersoll compressorsØ1 dryerØtwo rings separated by a 2" Dalmine piping

Fire extinguishers - 2005 - consisting of:

ØUnderground water tank of 40 m3 approximatelyØDiesel engine pumping systemØRing with PN 20 D. 160 pipe with 11 3" hose fittings for outdoor hydrants, 12 fittings for UNI 70 hydrant complete with 20 ml three-way hoses, and attachment for motor pump (fire brigade).