Here you will find all news and press releases.
A company with exports representing at least 25 per cent of its turnover within 2–3 years of its formation – this is a born global company. But how common is the phenomenon – and what societal effects does it yield? New research shows that we should lower the expectations for born global companies.
Born Globals – myth or reality?
EKN has decided to downgrade Nicaragua from country risk category 6 to country risk category 7. "The political unrest has affected the economic situation in the country in a very negative way," said André Lundvall, Country Risk Analyst at EKN.
EKN downgrades Nicaragua
Year-on-year, the volume of guarantees issued by EKN doubled for the period from January to August 2018. At the same time, the guarantee volume for small and medium-sized enterprises increased 26 per cent.
EKN doubles guarantees issued
Karin Wessman has been appointed to the new position of Director of Sustainability at the Swedish Export Credit Agency (EKN). Her previous position was as Sustainability Manager for the agency.
Karin Wessman appointed Director of Sustainability
EKN global outlook 2018: All parts of the world are now contributing to growth in the global economy.
Booming global economy
Prime Design Sweden is the company behind the revolutionary lighting solution Baselight, which can help save lives in the dark, for example, in the event of a natural disaster. The rapidly growing company recently signed an agreement for a large delivery to India. This is the first such transaction to be conducted with the support of EKN’s and Almi’s new joint financing solution.
“The offers from EKN and Almi fit together seamlessly”
For many years, the driving force of Swedish exports has been the physical products exported by Swedish industry.
Growing service export is creating new opportunities for Swedish companies
EKN has decided to downgrade Turkey from country risk category 4 to country risk category 5, due to increased payment risk.
EKN downgrades Turkey
Hans Lindberg has been appointed by the government as chairman of EKN's board of directors. He succeeds Jan Roxendal.
New Chairman of the Board of EKN
The Swedish Export Credit Agency (EKN) has decided to downgrade Zambia from country risk category 6 to category 7, due to increased risk.
EKN downgrades Zambia
During the first four months of 2018, the volume of EKN's guarantees rose by 51 percent to SEK 19.6 billion compared to the corresponding period last year. The number of new transactions amounted to 814, an increase of seven percent. "This clearly shows the need of EKN also in times of economic prosperity," says Anna-Karin Jatko, the Director General of EKN.
Major demand for EKN guarantees
The message that the US now reintroduces trade sanctions against Iran has very negative consequences for Swedish exports. EKN is not directly affected by sanctions, but predicts a sharp decline in business as soon as the payment routes are closed and businesses and banks are deterred from trading.
Blocked payment flows slow down trade with Iran