ANNOUNCEMENT 03 Jan 2014

In January 2014, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the delivery of spinning machines to Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 03 Jan 2014 | Removal date: open ended

Trade finance

The project value is 12 million CHF (13 million USD) and it finances the delivery of spinning machines by Maschinenfabrik Rieter AG, Winterthur.

The maturity of the loan will be longer or equal to two years. The SERV differentiates between nine categories of fiancial support. The present project is a buyer credit insurance (category B).

AFFECTED SECTORS

 

AFFECTED PRODUCTS