ANNOUNCEMENT 31 May 2014

In May 2014, the German Export Crediting Agency announced its support of an export project concerning the delivery of an air separator to Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 May 2014 | Removal date: open ended

Trade finance

The export loan was announced in May 2014 and finances the delivery of an air separator ('Luftzerlegungsanlage') to Russia. The benefitting German exporter is Linde Engineering Dresden GmbH, Dresden.

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 10 years. The financing institution is ING Bank, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS