From all of Norway to all the world

GIEK facilitates export financing with guarantees that mitigate economic and political risks for exporters, buyers and banks. With GIEK’s guarantees you enjoy Norwegian state support, and that makes a difference out in the world. In addition to export guarantees, GIEK provides guarantees for power contracts in Norway and for construction of ships and offshore installations at Norwegian shipyards.

Cases

- GIEK is a very important partner for us on international projects. The financing solutions we devise with GIEK make it easier to take our share of the risk, says Vibeke Solberg Forås, General Manager Business Banking Sparebank1 SMN.

- The guarantees and financing we received at an early stage through GIEK and Export Credit Norway were crucial for Skipsteknisk on this export Project, says Inge Bertil Straum, Sales Manager Skipsteknisk AS.

– The offer of export financing is important for Element Logic and is used in the sales process with potential customers.
Export financing is often essential to getting projects under way, says Dag-Adler Blakseth, CEO of Element Logic.

– Loans and guarantees from Export Credit Norway and GIEK have been crucial in obtaining quick and solid financing for the project,” says Ole Henning Christiansen, the CEO of Safelink AS.

- When Myanmar opened up to the outside world in 2011, Bergen Engines and the Rolls-Royce group wanted to gain access to this chartered market – with our gas engines, says Merethe Fjeldstad, Bergen Engines.

News

sky
Published:

“In the first half of the year we worked to strengthen cooperation with the banks and open up new export markets. Exporters should make use of the opportunities in state export financing as a competitive advantage and to enter into new markets,” says CEO Wenche Nistad.

Scarabeo
Published:

The Italian drilling and E&C company Saipem has agreed a new credit facility for the purchase of Norwegian offshore technology for up to EUR 667 million (6.2 billion NOK). The purchases will be financed with EUR 554 million (5.2 billion NOK) in loan guarantees, primarily from The Norwegian Export Credit Guarantee Agency GIEK, linked to debt financing from Export Credit Norway AS and banks.

Bangladesh
Published:

Bergen Engines has won a contract with the Abul Khair group in Bangladesh, backed by guarantee and loan from GIEK and Export Credit Norway. The contract involves the sale of eight gas engines and related services in the construction of a 75 MW gas-based power plant.