ANNOUNCEMENT 17 Mar 2014

In March 2014, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the construction of a pipe production line in Russia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 17 Mar 2014 | Removal date: open ended

Trade finance

The project value is 157 million CHF (180 million USD) and it finances the construction of a pipe production line by Sytco AG, Lugano.

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