The President of the Republic has presented the Internationalization Awards for 2018. This year’s Growth Company award went to M-Files Oy, a provider of data management solutions. Icare Finland Oy, which makes tonometers for measuring intraocular pres… Read more

STOCK EXCHANGE RELEASE 31 October 2018 at 16:15Finnvera issued on 31 October 2018 a EUR 500 million ten year bond.The transaction maturing in August 2028 represents Finnvera’s third bond issue this year.Lead managers for the issue were Citi, Deutsche … Read more

Finnvera Group, Stock Exchange Release 22 August 2018, Half-Year Report H1/2018, at 12:30Strong demand for financing has raised export financing exposures CEO Pauli Heikkilä:“The world economy has boosted the growth of the Finnish economy. Strong dema… Read more

STOCK EXCHANGE RELEASE 21 June 2018, at 11:45Finnvera issued on 20th June 2018 a USD 1 billion five year bond. The order book exceeded USD 1.6 billion with more than 40 investors participating.The transaction maturing in June 2023 represents Finnvera’… Read more

Finnvera Plc Stock Exchange Release 15.6.2018 at 15:13On 15 June 2018, Commercial Councellor Tomi Lounema was appointed to Finnvera’s Board of Directors as a new member and as First Vice Chairman. The appointment was made by the State of Finland as th… Read more

Finnvera Plc Stock Exchange Release 16 March 2018, at 17:15On 16 March 2018, Finnvera's Annual General Meeting elected new members to the company's Supervisory Board. No changes were made to the composition of the Board of Directors.The new members of… Read more

STOCK EXCHANGE RELEASE 8.3.2018 12:30Finnvera issued on 7th March 2018 a EUR 1 billion long 15-year bond. The subscriptions rose to more than EUR 1.3 billion with approximately 50 investors.The July 2033 maturity represents  Finnvera’s longest bond is… Read more

Stock Exchange Release 20.2.2018Export financing grew strongly – future deliveries by export companies accounted for more than half of the exposureCEO Pauli Heikkilä:“In the important export sectors, especially in shipping, telecommunications, energy … Read more

Finnvera’s export financing grew strongly in 2017. Finnvera granted nearly 80 per cent more export credit guarantees and special guarantees than in the previous year. The volume of export credits also increased significantly, to EUR 6.6 billion. Finan… Read more

Stock Exchange Release 29 September 2017, 10.00 amFinnvera issued on 27th September 2017 a USD 1 billion three year bond. The subscriptions quickly rose to approximately USD 1.6 billion.The bond is Finnvera’s largest US Dollar transaction to date.Lead… Read more

Rising export industry orders have increased demand for Finnvera’s export financingThe upturn in the Finnish economy and the rise in export industry orders have increased the demand for Finnvera’s export credit guarantees and export credits. The ceili… Read more

Finnvera issued on 10th May 2017 a EUR 750 million 15-year bond. The subscriptions quickly rose to about EUR 1.5 billion with over 50 investors.STOCK EXCHANGE RELEASE 12.5.2017 10:00The 15 year bond issue was Finnvera’s longest so far.Lead managers fo… Read more

On 7 April 2017, Finnvera’s Annual General Meeting elected new members to the company’s Board of Directors and Supervisory Board.Pentti Hakkarainen, Member of the Supervisory Board, ECB Banking Supervision, was elected to serve as the new Chairman of … Read more

Stock Exchange ReleaseThe Financial Statements, the Report of the Board of Directors and the Statement on the Corporate Governance and Steering System published by the Finnvera Group on 28 February 2017 contained some incorrect information. These erro… Read more

A year of reviving demand and new authorisationsThe world economy showed some positive signs in 2016, although political events created a degree of uncertainty. Finnish companies also reported greater demand and increasing investments, and individual … Read more

 SMEs strongly oriented towards growth are keen to develop their business through company acquisitions. Financing is sought for investments but also – slightly more than before –for working capital.SMEs see a slightly brighter future, though the posit… Read more

Finnvera plc is selling about 80 per cent of its holding in Seed Fund Vera Ltd. This deal is one step in the process where Finnvera gradually gives up its venture capital investments.The holding is being sold to Innovestor Kasvurahasto I Ky, a Finnish… Read more

The seminar ‘Support for export growth – the role of the State of Finland’, organised by Finnvera on 23 November 2016, focused on the State’s role in ensuring the success of Finnish enterprises in international competition.The seminar was opened by Pa… Read more

Finland and Iran have signed a Memorandum of Understanding, which is the first step in efforts to facilitate the financing of Finnish companies’ export projects.For Finland, the memorandum was signed by Executive Vice President Jussi Haarasilta of Fin… Read more

The number of growth-oriented SMEs has increased since last spring, and the number of enterprises with a strong desire to grow has already reached the level that prevailed before the-financial crisis. Yet problems exist in the application for financin… Read more

The world’s largest power plant fuelled solely by biomass will be built near the town of Middlesbrough, England. The circulating fluidised bed boiler and the flue gas cleaning system are delivered by Amec Foster Wheeler Energia Oy. Finnvera’s contribu… Read more

A marked rise in Finnvera’s authorisations – performance slightly negativeDuring the period under review, the maximum amounts of export credits and export credit guarantees that Finnvera is authorised to grant were raised through legislative amendment… Read more

In South America, the Argentinian economy is gradually opening up for foreign business again. Finnvera’s experts see opportunities for Finnish companies in Argentina.Argentina’s economy collapsed at the turn of the millennium and, owing to unpaid debt… Read more

For its own part, Finnvera wants to ease the financing of smaller export transactions carried out by enterprises. The first step is the new Bill of Exchange Guarantee, which is best suited to transactions of less than two million euros.Finnish exports… Read more

Half of all decision-makers in Finnish SMEs follow changes in the value of their enterprises. Less than half of all Finnish SMEs have made preparations for ownership changes. These are some of the findings of a survey conducted among Finnish SMEs.Each… Read more

The Growth Loan introduced by Finnvera at the start of April provides an instrument for financing major growth and internationalisation investments in SMEs and midcap companies.The Growth Loan is intended for SMEs and midcap companies that have been o… Read more

Brazil is expected to play a major role for Finnish exports in the coming years as well. Despite the current economic difficulties, it is believed that Brazil will continue to offer business opportunities in many of the strong sectors of the Finnish e… Read more

On 6 April 2016, Finnvera issued a ten-year, fixed-rate bond of EUR one billion. Among the euro-dominated bonds issued by Finnvera so far, this one has the longest maturity.The bond attracted much interest, and subscriptions rose to about EUR 1.9 bill… Read more

The ceilings for the Finnvera Group's export credits and export credit guarantees have been raised. The Finnvera Group can continue to provide Finnish export companies with internationally competitive financial arrangements for their export transactio… Read more

On 23 March 2016, Finnvera's Annual General Meeting elected new members to the company's Supervisory Board. No changes were made to the composition of the Board of Directors.The new members of the Supervisory Board are Laura Huhtasaari, Timo Kalli, Kr… Read more

A variable and record-breaking yearCompared against the previous year, the world economy gained a little momentum in 2015. However, the economy did not develop steadily; instead, situations and divergent estimates varied throughout the year. The subdu… Read more

Finnvera has revised its country policy for Iran after the EU’s economic sanctions were lifted in January. This means that Finnvera can begin to grant export credit guarantees for exports from Finland to Iran. Because of the sanctions, it is almost te… Read more

Economic outlook for SMEs shows improvement. The desire for growth remains strong and export volume is expected to increase sharply. In the near future, SMEs will see a bit of light at the end of the tunnel for the first time in a long while. This pos… Read more

The economic situation posed challenges both to enterprises operating on the domestic market and to export companies. As in the previous year, continued uncertainty in the global economy dampened companies’ willingness to invest, make growth plans and… Read more

SMEs see the future as being perhaps a bit brighter, and the protracted economic uncertainty has not reduced their desire for growth. Outside financing is being sought for not only working capital, but now also enterprise development.Compared to the r… Read more

An eventful start of the year for FinnveraFinnvera’s mandates and tasks have expanded on several occasions during last year and the current year. In the period under review, it became possible for Finnvera to guarantee the refinancing of export credit… Read more

Finnvera is participating in the financial arrangements for the world’s first bioproduct mill, to be constructed by Metsä Group in Äänekoski, Finland. Valued at EUR 1.2 billion, the investment project is the largest ever carried out by the forest indu… Read more

Demand for financing revived despite uncertaintyFrom the perspective of the economy, the first quarter of 2015 was varied. Despite unstable and negative economic outlook, the weakening of the euro brought a little light to export enterprises. SME fina… Read more

Last year Finnvera was authorised to subscribe bonds issued by SMEs. As of the beginning of the current year, this authorisation was expanded to encompass enterprises larger than SMEs. Finnvera has now made its first bond subscription, which enabled t… Read more

On 9 April 2015, Finnvera’s Annual General Meeting elected new members to the company’s Supervisory Board and Board of Directors.Composition of the Supervisory BoardThe new members on the Supervisory Board are Mika Harjunen, Information Security Manag… Read more

Finnvera grants export credit guarantees for Finnish exporters’ transactions in Russia. The exposure trend and repayment times are monitored closely.The country classification determined by the OECD member countries for Russia has been downgraded from… Read more

Finnvera’s possibilities to provide financing improved markedlyThe Finnish financial market was marked by diffuse economic prospects and the effects of tightening bank regulation, which were felt, in particular, in the credit terms and credit margins … Read more

SMEs are planning to apply for internationalisation financing despite the record weak economic outlook. The availability of financing is considered to be good.Economic expectations have undergone a major change compared against the survey done last au… Read more

Business angel investments are rapidly increasing in Finland. Finnvera's venture capital portfolio companies received a total of EUR 15 million in business angel investments in 2014.The investments made by individuals (business angels) in the portfoli… Read more

Changes introduced at the start of 2015 mean better financing opportunities for companies of different sizes, make the financing more effective and improve companies' competitiveness.  Finnvera can now increase its risk-taking, especially in the finan… Read more

Finnvera issued on 13th November 2014 a EUR 750 million seven year fixed rate bond. The bond was issued under Finnvera’s EMTN (Euro Medium Term Note) programme.Finnvera’s EMTN programme and notes issued under it are guaranteed by the State. Finnvera u… Read more

More tools and authorisations for enterprise financingThanks to legislative amendments and Government decisions, Finnvera has gained important additional authorisations to participate in the financing of projects undertaken by both SMEs and export com… Read more

Finnvera will take part in the pre-delivery financing of the cruise ships ordered by TUI Cruises GmbH from the Turku shipyard. The ships will be delivered in 2015-2017. Finnvera will guarantee between 50 and 80 per cent of the pre-delivery financing g… Read more

Effective 22 September 2014, Katja Keitaanniemi, L.Sc. (Tech.), 41, will assume the position of Senior Vice President, SME Financing and Management Group member.Keitaanniemi's last position was as Senior Vice President, Investment Banking Finland and … Read more

No change in companies' willingness to expand even though growth expectations have dropped substantially.  There has been a slight increase in demand for financing. However, instead of funding for investments, companies are continuing to seek… Read more

Also large Finnish industrial companies can now get export credit guarantees for domestic industrial investments in machinery and equipment that benefit or help to create new export business. Investment loans will be granted and funded by commercial b… Read more

Finnvera continues to provide export credits to hedge against the political and commercial risks in export transaction with Russia. The company can also grant financing to Finnish SMEs for their increased working capital needs due to sudden changes in… Read more

A substantial increase in the authority to grant export credit guarantees and export creditsFinnvera received substantially more authority for export financing during the Q2/2014 period. The maximum amount of export credit guarantees rose by EUR 4.5 b… Read more

Finnvera will in future have better possibilities to participate in the export-related financing arrangements of Finnish companies. The maximum amounts for issuing export credit guarantees and financing export credits will increase markedly. The legal… Read more

Recovery in the demand for financing hampered by political crisesDuring the first quarter of 2014, the Finnish financial markets performed better than statements presented in public would suggest. There are occasional blind spots but private providers… Read more