GIEK issued 163 new guarantees of NOK 21.4 billion in 2014. The guarantees triggered export contracts worth NOK 28.5 billion, NOK 0.5 billion more than in 2013. GIEK’s turnover in 2014 was NOK 1.5 billion, with NOK 734 million in profits. The guarantee portfolio was NOK 89.3 billion of which export from suppliers to the oil and gas industry represented 86 percent. Read More
Overaasen, StormGeo and Leroy Seafood Group are among the 12 nominated for the Export Award 2015, which will be handed out at the Exportkonferansen conference 9 April. Read More
-Export Credit Norway and GIEK’s new product for export contracts below NOK 100 million is a door opener for many, including small and medium size enterprises (SME), to make use of government export funding, said Martin Daun, partner in Optimo Finance following Export Credit Norway and GIEK’s breakfast seminar and webinar on renewable energy last week. He believes this will lead to closing of more projects. Read More
GIEK, in cooperation with INTPOW and Export Credit Norway, invites you to a breakfast seminar/webinar 21st January on export financing within the renewable energy sector. Read More
GIEK and Export Credit Norway are in these days launching a new financing solution for export contracts up to NOK 100 million. The aim is to give Norwegian small and medium size exporters new opportunities in the global market. Read More
The Government’s state budget proposal was presented to the Storting (Norwegian parliament) on 8. October by Minister of Finance Siv Jensen. The budget proposal authorizes GIEK to maintain the same high volume of export credit guarantees in 2015 as in 2014. This is good news for Norwegian export companies, their employees and the communities depending on such guarantees to obtain export contracts. Read More
GIEK issued 62 new guarantees in T2 that supported Norwegian exports valued at around 13 billion. Offshore-related applications are expected to decline, but the demand from exporters in other industries is expected to increase. An increasing number of guarantees have been redeemed before maturity, and many refinancing transactions are occurring in the bond market Read More
GIEK has received the letter of allocation for 2014 from the Norwegian Ministry of Trade, Industry and Fisheries. The frame for GIEK's general guarantee scheme has been increased from 135 to 145 billion NOK. Read More
On Tuesday November 12, State Secretary Pål Arne Davidsen (UD) opened Africa's largest solar power plant in Kalkbult, South Africa. – A great day for South Africa, for Scatec Solar and for Norway's efforts in renewable energy, Davidsen said. Read More
Oslo is the world's ship financing capital, according to the report «The Leading Maritime Capitals of the World». In the battle to become the world's maritime capital, Oslo was merely beaten by Singapore. Read More
