Can Eksportfinans finance ships built at shipyards abroad?

02/08/2011

Eksportfinans can offer Government Supported Export Credits for export contracts that promote Norwegian interests and value added.

How are transactions evaluated? The following are assessed:

-The export contract(i.e. sales across national borders): Export contracts that are signed by foreign companies under Norwegian majority ownership may be financed by Government Supported Export Credits.

-Norwegian content:Deliveries from companies in Norway or from Norwegian subsidiaries abroad must constitute a minimum of 30% of the contract

-Norwegian interest:Norwegian interest is also considered based on an overall assessment of the transaction, including factors such as research and development, production sites, the location of head quarters and Norwegian ownership.

The Norwegian Guarantee Institute for Export Credits (GIEK) has a similar arrangement to support projects in Norwegian national interest.

Questions as to how this is relevant for your company?

Please contact us for more information:

 

Jostein Djupvik, tel. 22 01 22 58, jod@eksportfinans.no

Ivar Slengesol, tel. 22 01 23 60, ivs@eksportfinans.no

 

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