(Mehr News Tehran, 24 December 2016) Iran always has been considered as an eye-catching and money-spinning market for several European countries like Germany offering not only 80 million people it has but also a 400-million-people marketplace it can provide access to. Following the...
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2016/09/30
Country: China, Germany
ECAs: Euler Hermes Deutschland AG
Global Trade Review, London, 12 Sepptember 2016) Euler Hermes has announced a credit insurance joint venture (JV) with China Pacific Property Insurance Company (CPPIC). Headquartered in Shanghai, the venture will operate under the name CPPIC Euler Hermes and be managed by existing members of...
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2016/07/30
Country: France, Germany, United Kingdom
ECAs: COFACE, Euler Hermes Deutschland AG, UK Export Finance (UKEF)
Issue: Aircraft, Corruption
(Reuters, Paris, 27 July 2016) Airbus Group has agreed with European governments a process for regaining access to export credits, suspended earlier this year over flawed disclosures on the use of third-party agents to help to sell passenger jets, the company said on Wednesday. In a footnote in...
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2016/05/31
Country: Australia, Germany
ECAs: Euler Hermes Deutschland AG
Issue: Oil, Gas and Mining
(The Australian, Canberra, 5 May 2016) The Germans missed out on the Australian submarines contract to the French. But it looks as if they are about to get deeply involved in the $970 million Mount Peake vanadium-titanium-iron project in the Northern Territory, owned by ASX-listed TNG.TNG went...
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2016/02/26
Country: Germany, India
ECAs: Euler Hermes Deutschland AG
Issue: Oil, Gas and Mining
(Trade & Export Finance, London, 9 February 2016) Reliance Industries’ latest €950 million ($1.04 billion) export credit agency (ECA)-backed deal is expected to push its capital expenditure spree in refinery and petrochemical expansion projects to approximately $17 billion. The Mumbai-based...
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