Finnvera

Finnish: Finnvera Oyj
Government-owned corporation
Founded 1999
Headquarters Kuopio, Finland
Key people
 Pauli Heikkilä, CEO
Number of employees
 370[1]
Website http://www.finnvera.fi/

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.
  2. ↑ http://www.finnvera.fi/eng/Finnvera
  3. ↑ "Role and impact of operations - Annual Report 2013". annualreport2013.finnvera.fi.
  4. ↑ "Finance minister promises more export supports in '13".
  5. ↑ "Finnvera: Revival of exports likely slow".
  6. ↑ http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12078294.html
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