“EKN empowers turbine sales”

Siemens Industrial Turbomachinery in Finspong, Sweden, is one of the world’s leading suppliers of industrial gas- and steam turbines to the energy sector. 95% of the business volume is exported and EKN is a key factor for this success.

Daniel Lundgren, Commercial Director at Siemens Industrial
Turbomachinery AB, is highly appreciative of EKN’s involvement.

– We have a close partnership with EKN that goes back many years, Lundgren says. They give us invaluable support in higher-risk transactions further afield. They also help us by identifying risks.

EKN often makes the difference

– Financing was not a problem a few years ago but with the financial crisis, even the large strong companies out there are having difficulties raising loans, Lundgren says.

– That’s why financing has become a more crucial issue. Now­adays, EKN often makes the difference between whether a trans­action takes place or not.

– Our customers need long-term credit since they make large investments where earnings can take a long time to materialise. With EKN guaranteeing the loans, our customers have a credit period that reflects the time until they obtain a return on their projects.

Close relationships is key

– I think EKN have become more easily accessible. You always know whom to call and our primary contact knows how we operate, both as individuals and as a company. We want EKN to be there as early as possible to show customers they have access to a good financing solution when buying our products.



Siemens Industrial
Turbomachinery AB

Head Office:

Gas- and steam turbines

Main markets:

Siemen's needs

Efficient financing

EKN's solution

EKN-guarantee which facilitates the financing