ANNOUNCEMENT 30 Nov 2008

In November 2008, the German Export Crediting Agency announced its support of an export project concerning the delivery of an electric arc furnace and a dust extraction unit to Ukraine.

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 of an electric arc furnace and a dust extraction unit ('Elektrolichtbogenofen und eine Entstaubungsanlage') to Ukraine. The benefitting German exporter is Siemens VAI Metals Technologies GmbH.

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 (20 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 5 years. The financing institution is BNP PARIBAS S.A., Branch Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A