Export Finance Norway (Eksfin) and the Polish government signed on Nov 30th an export financing agreement for the purchase of the coastal defence system NASAM from Kongsberg Defence and Aerospace.
Competitive financing solutions are very important for Norwegian industry
Geir Håøy, CEO KONGSBERG GROUP Photo: Kongsberg
– Competitive financing solutions are very important for Norwegian industry in an increasingly demanding market. The financing package from Eksfin has been a crucial element and helps to secure Norwegian jobs both for KONGSBERG and all the Norwegian subcontractors for many years to come. We greatly appreciate the valuable collaboration with Eksfin as part of Team Norway, says KONGSBERG’s President and Chief Executive Officer, Geir Håøy.
Tone Lunde Bakker, CEO Export Finance Norway Photo: Rasmus Kongsøre
“It is important for Norwegian and European security that the Norwegian defense industry secures financing for international deliveries. We are impressed by the Kongsberg Group’s ability to secure large, strategic contracts, says Tone Lunde Bakker, Managing Director of Eksfin. The Kongsberg Groups’s innovation capabilities and capacity to deliver high-quality deliverables are crucial for many Norwegian industries. We are very pleased to be able to contribute with relevant financing solutions.”
The Polish development bank BKG manages the financing on behalf of the Polish government. In this transaction, Eksfin acts as both arranger and agent for the financing agreement.
