08.10.2010
Outotec has entered into cooperation with National Development Corporation of Mongolia (NDC) to conduct a conceptual study for a copper smelter to be located in Sainshand, Mongolia. Outotec and NDC signed the cooperation agreement on October 6, 2010, during visit of the President of Mongolia, Elbegdorj Tsakhia, to Finland. In the same occasion, Finnvera also signed a Letter of Interest to contribute to the financing arrangements to this project.
NDC is a consortium of the largest Mongolian private sector companies seeking to contribute in the industrial development of the country.
Further information:
Mrs Ritva Hara, Vice President, Export Credit Guarantees, Natural Resources and Infrastructure,
tel. +358 20 460 7301
Finnvera's customers can submit applications for business financing safely and securely by using Finnvera plc's Online Services.
Telephone service is available from Monday to Friday between 8:00 a.m. and 4:15 p.m.
Finnvera provides financing for the start, growth and internationalisation of enterprises and guarantees against risks arising from exports. Finnvera strengthens the operating potential and competitiveness of Finnish enterprises by offering loans, domestic guarantees, venture capital investments, export credit guarantees and other services associated with the financing of exports. The risks included in financing are shared between Finnvera and other providers of financing.
Finnvera is a specialised financing company owned by the State of Finland and it is the official Export Credit Agency (ECA) of Finland.
