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: 30 Sep 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in September 2013 and finances the modernisation of a chipboard production plant ('Modernisierung einer Spanplatten-Anlage') in Hungary. The benefitting German exporter is GIM Export GmbH, Göttingen.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (22 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 7 years. The financing institution is Commerzbank AG, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

883 Wood & paper manufacturing services

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