Background

Czech energy equipment export financing

  • Belarus, Czechia
  • 2020
  • EUR 1 mln
  • Energy
  • International Bank for Economic Co-operation provided funds to finance the transaction for the supply of power equipment from the Czech Republic to the Republic of Belarus. In particular, targeted trade loans were issued for a total amount of about 1 million euros for a period of up to 6 months to the buyer's bank - one of the largest and stable partners of IBEC among financial institutions of the Republic of Belarus.
    The contract for the purchase of fuel pumps was concluded between the largest industry leaders and will be implemented within six months. The buyer is OJSC “Management Company of the Holding “Minsk Motor Plant”, the largest enterprise in the field of equipment for the automotive industry; supplier - one of the world's largest manufacturers of fuel systems for diesel engines and the oldest European companies in the sector.
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