Swedes and Danes deliver in style

Copying and distributing are prohibited without permission of the publisher

01 July 2005

While most associate Nordic manufacturing with telecoms, other centres of manufacturing excellence – such as transportation and power generation, should not be underestimated. Oliver O'Connell assesses the level of support from ECAs in the region.

SEK
The diversity of Scandinavian goods, and the worldwide consumer respect they engender, provides a basis for the air of optimism about the export market that prevails across the region. Lars Andersson of Svensk Exportkredit (SEK) cites the continuing rise in volume of both export and infrastructure financing throughout 2004 as evidence of the continuing growth in exports from Sweden. The total volume of export credits issued by SEK in 2004 reached approximately $950 million, up 12% on the previous year.

While export credits granted by SEK are usually guaranteed by the Export Credits Guarantee Board (EKN), cooperation agreements for guarantees also exist between SEK and Finnish export credit agency Finnvera, as well as with GIEK of Norway. It is collaboration such as this that is becoming the rule rather than the exception. Outside of Scandinavia, SEK works with Germany's Euler Hermes, ERG of Switzerland, the UK's Export...

You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.

Already have an account?

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Free trial

Taking a free trial will give you access to the latest news and analysis for two days (excluding some surveys and articles). Start your free trial today.