ANNOUNCEMENT 05 May 2014

In May 2014, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the delivery of 16 4-coaches EMU trains and 9 6-coaches EMU trains to Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 05 May 2014 | Removal date: open ended
Still in force

Trade finance

The project value is 465 million CHF (530 million USD) and it finances the delivery of 16 4-coaches EMU trains and 9 6-coaches EMU trains by Stadler Bussnang AG.

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