Finnvera

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

References

This article is issued from Wikipedia - version of the 11/12/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.