Finnvera’s role in society
Finnvera has an important social role in facilitating and augmenting enterprise activities. Finnvera reinforces the capacity and competitiveness of Finnish enterprises. As a promoter of exports, Finnvera wants to offer Finnish companies the same starting points as those offered by export credit agencies of competitor countries in their own countries.
Wood exploited to its full potential – The Äänekoski bioproduct mill is the driver of growth in Central Finland
Sometimes opinions change swiftly. Some were already prepared to write off the entire Finnish forestry industry as a thing of the past, despite the fact that the investments of forestry companies – even during the darkest years of financial crisis – were worth more than EUR 500 million every year.
Risk mitigation is an element of export credit insurance
Through reinsurance, Finnvera prepares for increased exposures and, in particular, strives to mitigate the concentration of risks in certain sectors.
EUR 7.5 billion
Finnvera granted export credit guarantees and special guarantees EUR 7.5 billion as well as export credits EUR 6.6 billion year 2017.