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18.03.2020
The Foreign Ministry’s support to SMEs for project preparation in Russia to cease after 2011
An SME planning to expand its business to Russia has been able to receive support from the Foreign Ministry for project preparation. For budgetary reasons, this support will no longer be granted after 2011.The Finnish Ministry for Foreign Affairs has sup...
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Press releases
18.03.2020
Finnvera covering export credit financing for Montes del Plata pulp mill project in Uruguay
The 12-year USD 900 million export credit guaranteed by Finnvera will be used to finance deliveries from Finland by Andritz Oy and Pöyry Finland Oy for the pulp mill project in Uruguay.Funding for the credit guaranteed by Finnvera will be provided by Fin...
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Press releases
18.03.2020
Finnvera guarantees a buyer credit for TUI Cruises
STX Finland Oy and TUI Cruises GmbH of Germany have signed a contract on the building of a cruise vessel. Finnvera is participating in the project by guaranteeing a post-delivery buyer credit. Funding for the credit guaranteed by Finnvera will be provide...
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Press releases
18.03.2020
Greater demand for Finnvera’s domestic financing – lesser demand in export financing
Press release on the Finnvera Group’s Interim Report for 1 January–30 June 2011In January–June, demand for Finnvera’s domestic financing was clearly greater (11%) than during the corresponding period the year before. In contrast, demand for export credit...
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News
18.03.2020
New OECD minimum premium rates for export credits also apply to commercial risks
As of 1 September 2011, when pricing export credits, Finnvera and the other OECD Export Credit Agencies (ECAs) will take into account the new minimum premium rates agreed within the OECD.The OECD premium agreement levels the playing field among the ECAs ...
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18.03.2020
Short-term export credit insurance market under review
European Commission is seeking information on short term exports credits. Currently a public consultation on the Review of the Communication on short term export credit insurance is underway:http://ec.europa.eu/competition/consultations/2011_export_credi...
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18.03.2020
Finnvera receives €17.5 million of ERDF funding for venture capital investments
The programmes of the European Regional Development Fund (ERDF) have granted Finnvera €17.5 million for venture capital investment operations. The decision was made by the Ministry of Employment and the Economy. Through the ERDF funding, Finnvera can con...
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Press releases
18.03.2020
Financing offered by Finnvera increased during the first quarter
Press release on the Finnvera Group’s Interim Report for 1 January–31 March 2011Key figures for the first quarter of 2011 Loans and domestic guarantees granted: EUR 221 million (Q1/2010: EUR 211 million) Export credit guarantees, export guarantees and...
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Press releases
18.03.2020
Finnvera’s venture capital investments under one brand
Finnvera makes venture capital investments in starting, innovative enterprises and in regional funds. The investments are carried out through subsidiary companies.“Finnvera and Finnish Industry Investment have a clear division of labour in venture capita...
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Press releases
18.03.2020
Tarja Svartström of Nordea Bank appointed to the post of Senior Vice President, Communications and Marketing, at Finnvera
On 7 April 2011, the Board of Directors of Finnvera plc appointed Tarja Svartström (39), M.Sc. (Agriculture and Forestry), to serve as Senior Vice President, Communications and Marketing, at Finnvera. She will also be a member of Finnvera’s Management Gr...
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