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A new effect of the corona crisis: the average amount of financing has tripled

The international corona crisis affects the financing needs of increasingly large companies. The average size of funding granted by Finnvera to companies in June was approximately EUR 300,000, a triple figure compared to April. The demand for larger finan... Read more

Toimitusjohtaja Pauli Heikkilä

Credit insurance – an excellent way of protecting sales receivables

Credit insurance enables an enterprise to protect itself against credit losses when the client is insolvent or unwilling to pay. Using credit insurance is easy and it is suitable for continuous transactions with short terms of payment.

Liiketoimintajohtaja Jussi Haarasilta

Profit warning: Finnvera Group reduces its outlook for 2020

Stock Exchange Release July 1 2020 at 12 pm Finnvera Plc, inside information

Finnveran Helsingin-pääkonttori

Finnvera is also prepared for the working capital needs of larger companies

Large companies are preparing for a possible weakened market situation by exploring different financing options. Finnvera is prepared for an increase in demand and, in situations caused by the corona virus, Finnvera can guarantee the working capital needs... Read more

Finnveran Helsingin-pääkonttori

Unfazed by the corona crisis, this circular economy company strengthens its position via an acquisition

The management of TouchPoint, a manufacturer or ecological workwear, is not afraid of taking bold steps, as evidenced by their completion of a corporate acquisition at the height of the corona crisis. TouchPoint acquired Domino Workwear, a Tampere-based c... Read more

Toimitusjohtaja Outi Luukko

Nokia supplies telecommunications equipment and services to Romania

Finnvera guarantees Nokia's telecommunication infrastructure equipment, software and services supplies to Romania.

Investments in the pulp industry continue around the world - Finnvera participates in financing exports to a pulp mill project in Brazil

The outlook for the pulp industry is reasonable despite the corona pandemic, and investments in the sector continue. One of the largest dissolving wood pulp (DWP) plants in the world is to be built in Brazil including deliveries from Valmet.

Finnvera can cover short-term credit risks for marketable risk countries as a part of the measures due to the corona virus crisis

Finnvera can grant new short-term guarantees for the marketable risk countries such as EU countries and certain western industrialised countries as a part of the measures due to the corona virus crisis.

Finnvera’s guarantee coverage can be up to 90 per cent if the arrangement of financing requires

Finnvera makes preparations for various financing needs arising during the coronavirus pandemic by increasing its guarantee coverage to a maximum of 90 per cent. As a rule, Finnvera’s guarantee coverage will be 80 per cent in the future, too.