Global opportunities for financing customer projects
Project financing services are available to Niro customers to purchase
industrial processing plants. Niro has proven, over many years, to be able to
gain access to funds and/or guarantees, making it possible for the customer to
implement even very large projects.
Financing experts within Niro have
a widespread network of contacts and associations with banks as well as
bilateral and multilateral financial institutions across the world.
World Bank and Regional Development Banks
In the developing countries, where the World Bank and its regional
development banks are operating, the Danish Government can offer special loan
programs to commercial projects.
Fellowship Programme
Through its ‘Fellowship Program’, DANIDA offers grants for scholarships to
Niro customers and partners in connection with the implementation of new
technologies in developing countries.
Export and Project Finance
Export financing has long been accepted as a great door opener, allowing
projects to be explored and fulfilled which otherwise would not be undertaken.
This is especially true in areas where access to large amounts of capital is
not as easy as other parts of the world.
The ability of Niro to offer
Export Financing is a parameter with increasing importance, especially for
large and ‘turnkey’ projects, but also for customers who wish to purchase
individual pieces of equipment.
Niro, as part of the GEA Group of
companies, presents many advantages to customers due to Niro’s position as a
truly global technology provider. Today, representatives can be found in over
50 countries across the world.
Global Advantage
Today, there are still substantial differences between the official export
credit systems within the OECD. For example, prices can vary for export credit
guarantees and wiliness to take on credit risk on various countries, banks and
corporations. Niro’s global positioning means that finance may be obtained
outside the customer’s own country, resulting on the best possible terms for
the customer through Niro’s banks and export credit agencies.
Emerging Markets
Export Finance makes it possible for Niro to offer long-running export
credits to customers of capital goods in markets where the local situations do
not permit the same conditions. These conditions might include, for example,
lack of liquidity in the banking system, central bank regulations or local
legislation requires investments above a certain level should be financed
through the supplier.
Even though it might appear more risky for banks
in the developed countries to lend to undercapitalized banks and companies in
the developing countries, most operate in local markets where there is a lot of
very hard competition, meaning that they also look outside of their own
countries to expand their lending activity.
Niro, GEA Group and Export Finance
Niro and other GEA Group companies employ specialist whose job it is to
structure and establish the best possible financial solutions for the customer
and, at the same time, minimize the risks involved in export sales.
Highly experienced and qualified staff can offer many opportunities to
customer, they can:
- conduct negotiations with one or more banks with a specialized knowledge of
the customer’s country
- liaise with export credit agencies to obtain the best guarantee terms
- negotiate with investment funds and insurance companies
- arrange financing terms with the customer and their bank
- assist with writing letter of credit and guarantees and of the financial
articles of the contract.
When is the best time to Contact Export and Project Finance?
In short, it is never too early to contact the specialists at Niro to
discuss the financial possibilities with a customer’s country.
For more
information, please contact:
Jesper Duckert
Project Finance Manager
Niro A/S
Part of the GEA Group
Tel.: (+45) 39 54 53 49
E-mail: jd@niro.dk