Seminar at Swedish Trade Council,New Delhi.
21 March 2012: New Delhi:Eminent speakers and the
board of directors of EKN organized a seminar at, The Swedish Chamber
of Commerce India, Swedish Trade Council,New Delhi.
EKN is a government agency that supports Swedish exports and
the internationalisation of Swedish industry. At EKN this we do by offering exporting
companies and banks guarantees for payment and financing, together with
advice on business structure and risk management. Ekn our services provide
an extra level of confidence,increased competitiveness and more
opportunities for successful export transactions.
Ms. Karin Apelman, the Director General and Head of EKN, present how EKN can insure Swedish companies in India against the risk of non-payment in export transactions, thereby enabling them to conduct more secure export transactions.
Director General and Head of EKN, the Swedish Export Credits Guarantee Board director presented their case study as to how EKN can insure Swedish companies in India against the risk of non-payment in export transactions, thereby enabling them to conduct more secure export transactions.
EKN is a governmental agency which provides companies, banks and financial institutions with state guarantees against losses incurred in export transactions and foreign investment.
With the support from EKN, Swedish companies and financing banks can offer their customers attractive financial terms and conditions. Long-term credits, high-risk markets, complex transactions, small transactions when there is no cover on the commercial insurance market, EKN’s guarantee is to help MSME and private sector.
Business in Sweden is constantly evolving, becoming more competitive but always with people and the environment in mind. Sweden;s reputed companies ABB, Volvo Trucks, Astra Zeneca, Ericsson, Atlas Copco, Sandvik and SKF, just to name a few, have strong presencein India. In recent years, several of these companies have also established significant R&D operations in India. In 2011, some 140 Swedish companies had established operations in India. Trade between India and Sweden annually grows at a rate of approximately 20 percent. Textiles and garments make up the main part of Indian exports to Sweden, but manufactured goods, and in particular machinery, are rapidly gaining ground among Swedish imports from India. Indian service exports to Sweden are also growing, in particular in the field of computer and information services.The Swedish Trade Council, which has locations in New Delhi as well as Bangalore, assist those interested in doing business with Swedish companies or has questions regarding Swedish exports. The Swedish Trade Council also works with Swedish companies seeking to establish a presence in India.
Ms. Karin Apelman, the Director General and Head of EKN, present how EKN can insure Swedish companies in India against the risk of non-payment in export transactions, thereby enabling them to conduct more secure export transactions.
Director General and Head of EKN, the Swedish Export Credits Guarantee Board director presented their case study as to how EKN can insure Swedish companies in India against the risk of non-payment in export transactions, thereby enabling them to conduct more secure export transactions.
EKN is a governmental agency which provides companies, banks and financial institutions with state guarantees against losses incurred in export transactions and foreign investment.
With the support from EKN, Swedish companies and financing banks can offer their customers attractive financial terms and conditions. Long-term credits, high-risk markets, complex transactions, small transactions when there is no cover on the commercial insurance market, EKN’s guarantee is to help MSME and private sector.
Business in Sweden is constantly evolving, becoming more competitive but always with people and the environment in mind. Sweden;s reputed companies ABB, Volvo Trucks, Astra Zeneca, Ericsson, Atlas Copco, Sandvik and SKF, just to name a few, have strong presencein India. In recent years, several of these companies have also established significant R&D operations in India. In 2011, some 140 Swedish companies had established operations in India. Trade between India and Sweden annually grows at a rate of approximately 20 percent. Textiles and garments make up the main part of Indian exports to Sweden, but manufactured goods, and in particular machinery, are rapidly gaining ground among Swedish imports from India. Indian service exports to Sweden are also growing, in particular in the field of computer and information services.The Swedish Trade Council, which has locations in New Delhi as well as Bangalore, assist those interested in doing business with Swedish companies or has questions regarding Swedish exports. The Swedish Trade Council also works with Swedish companies seeking to establish a presence in India.
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