Finnvera

Finnish: Finnvera Oyj
Company typeGovernment-owned corporation
Founded1999
Headquarters
Kuopio
,
Finland
Key people
Pauli Heikkilä, CEO
Number of employees
370[1]
Websitewww.finnvera.fi Edit this at Wikidata

Finnvera is a Finnish state-owned financing company. It is the official export credit agency for Finland.[2] Finnvera provides loans, credits and guarantees. In 2013, Finnvera financed around 3500 start-up enterprises.[3] The company is responsible to the Finnish Ministry of Employment and the Economy.

History

Finnvera was founded in 1999 through a merger of Kera Plc and the Finnish Guarantee Board.

The European Commission has given Finnvera the right to support Finnish exports.[4]

During the first half of 2011, Finnvera provided over two billion euros in export and guarantees.[5]

In September 2014, Finnvera issued a 500 million euro bond under their Euro Medium Term Note programme.[6]

See also

References

  1. ^ "Finnvera plc: Private Company Information - Bloomberg". investing.businessweek.com. Archived from the original on December 20, 2014.
  2. ^ "Archived copy". Archived from the original on 2015-02-19. Retrieved 2014-12-20.{{cite web}}: CS1 maint: archived copy as title (link)
  3. ^ "Role and impact of operations - Annual Report 2013". annualreport2013.finnvera.fi.[permanent dead link‍]
  4. ^ "Finance minister promises more export supports in '13". 16 September 2012.
  5. ^ "Finnvera: Revival of exports likely slow". 17 August 2012.
  6. ^ "DGAP-Regulatory: Finnvera issued a USD 500 million bond - London Stock Exchange".