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 May 2015 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in May 2015 and finances the assembly of a spunbond production line ('Errichtung einer Produktionsanlage für Vliesstoffe') in Turkey. The benefitting German exporter is ANDRITZ Küsters GmbH, Krefeld.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 1. This category includes projects with a financing value between 10 and 15 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 10 million EUR (11 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8.5 years. The financing institution is Landesbank Baden-Württemberg, Stuttgart.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

446 Machinery for textile, apparel & leather production; parts
8445 Machines for preparing textile fibres; spinning, doubling or twisting machines and other machinery for producing textile yarns; textile reeling or winding (including weftwinding) machines and machines for preparing textile yarns for use on the machines o
844520 Textile spinning machines

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