Finnvera
| Company type | Government-owned corporation |
|---|---|
| Founded | 1999 |
| Headquarters | , |
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 responsable 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
- ^ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=99368
- ^ http://www.finnvera.fi/eng/Finnvera
- ^ http://annualreport2013.finnvera.fi/en/about-finnvera/role-and-impact-of-operations/
- ^ http://yle.fi/uutiset/finance_minister_promises_more_export_supports_in_13/6296915
- ^ http://yle.fi/uutiset/finnvera_revival_of_exports_likely_slow/6260759
- ^ http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12078294.html