Background knowledge

Are you an EPC contractor handling major international projects?

We in Germany can support you and your customers!

A continent with opportunities

The Federal Government's export credit guarantees offer export-oriented companies a range of cover options against economically or politically induced bad debt losses. They also facilitate the financing of export business. This applies in particular to business in emerging and developing countries. Take a look at our focus page.

Cover freeze for Russia and Belarus

All information on the sanctions and what impact this has on the Federal Government's export credit guarantees, as well as questions and answers, contacts and advice centers can be found on our focus page on the topic.

In Dubai, Nairobi, Singapore and Latin America

Hermes Cover is still partly unknown to foreign importers. Yet they offer them as well as German exporters and banks a whole range of advantages. The German government has therefore expanded its advisory services in selected countries. This means that local experts are available to provide advice and assistance to these interest groups.

Changes in the German export economy

Germany is an export-oriented economy that is constantly changing. For some time now, foreign customers have increasingly been requesting services in addition to the actual delivery of goods. This structural change - from the industrial sector to the service sector - is characterized by a growing share of services in the total export volume.

You can find out about the challenges facing the sector and how the federal government's export credit guarantees can support exporters and banks in our background information:

Exclusion of cover for nuclear facilities

In June 2014, the German government decided to no longer provide export credit guarantees (so-called Hermes Cover) for deliveries and services for nuclear facilities abroad. This exclusion of cover applies to both new and existing plants.