ANNOUNCEMENT 30 Nov 2008

In November 2008, the German Export Crediting Agency announced its support of an export project concerning the delivery and construction supervision of an mdf board production line in Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Nov 2008 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in November 2008 and finances the delivery and construction supervision of an mdf board production line ('Lieferung und Montage├╝berwachung einer Anlagenstra├če zur Herstellung von MDF-Platten') in Russia. The benefitting German exporter is Dieffenbacher GmbH + Co.KG.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (65 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 7 years. The financing institution is AKA Ausfuhrkredit-Gesellschaft m.b.H..

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A