11 October 2007
Euler Hermes Wins “Best Export Credit Agency” Award
For the second time after 2005, Euler Hermes, together with its partner PricewaterhouseCoopers, won the prestigious award for Best Export Credit Agency in their capacity as agents of the German Government. The award recognises outstanding performance in the areas of export financing, export credit insurance, project financing and structured financing.
In addition, Euler Hermes received nine “Deals of the Year 2006” awards for large projects guaranteed by Euler Hermes for the German government, including two power plants in South Africa and a bridge over the Saigon river in Vietnam.
Looking to the future growth of Euler Hermes, Hans Janus, member of the board of management of Euler Hermes in Germany, responsible for the export credit guarantee division comments “Globalisation and the growing complexity of international business require innovative and tailor-made trade solutions. Thanks to its reliable and transparent organisation, Euler Hermes is well positioned to cater to the new needs of exporting companies and financial institutions.”
Clemens von Weichs, president of the Euler Hermes board of management adds ”It is an honour for Euler Hermes to be recognised internationally as one of the leading project finance insurers for high volume multisourcing projects. Our goal is to provide special value to our clients by offering in-depth support and flexibility.“