ANNOUNCEMENT 30 Jan 2009

In January 2009, the German Export Crediting Agency announced its support of an export project concerning the export of a paint shop for castings, wheel sets and railway wagons to Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jan 2009 | Removal date: open ended

Trade finance

The export loan was announced in January 2009 and finances the export of a paint shop for castings, wheel sets and railway wagons ('Lackiererei für Gussteile, Radsätze und Waggons') to Russia. The benefitting German exporter is Eisenmann Anlagenbau GmbH & Co. KG.

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 (21 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.,Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A