IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 Oct 2012 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in October 2012 and finances the construction of a mdf board production plant ('Errichtung eines MDF-Plattenwerkes') in Russia. The benefitting German exporter is GIM-Export-Import Michael Krocker.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (66 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 10 years. The financing institution is ING Bank, a branch of ING-DiBa AG, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

883 Wood & paper manufacturing services

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