Client cases

Client cases

The Swedish Export Credit Corporation, SEK, finances projects and sales that boost Swedish exports.

SEK’s clients

This section showcases some specific examples of what we do and explains how we’ve helped a variety of Swedish companies and their customers.


SEK has financed ABB’s deliveries to the North Sea Link, to Power Grid Corp of India and also financedthe construction of 56 wind turbines in Santiago, Chile.

ABB: North Sea

ABB: Power Grid Corp of India

ABB: Wind Power Chile


SEK has financed the Norwegian company Biokraft’s construction of a biogas facility in Skogn, just north of Trondheim.

Biokraft: The second largest biogas facility


Istanbul Metropolitan Municipality Directorate of Transportation builds a 17 km extension of the metro between the suburbs of Umraniye and Üsküdar on the Asian side of Istanbul.

Bombardier in Istanbul

Eltel Networks

The Zambian state-owned power company Zambia Electricity Supply Corporation (ZESCO) signed an engineering, procurement and construction contract with Eltel Networks TE AB of Sweden.

Eltel Networks displacing fossil generated power in  Zambia


In 2013 SEK provided financing for Ericsson’s supply of equipment to Bharti Airtel Group. Bharti Airtel Limited is a leading telecom operator in 20 countries in Asia and Africa.

Ericsson Bharti Airtel Group


Fagerhult wanted to diversify its funding and extend its debt structure. As a complement to their commercial bank, SEK could offer a loan with a longer maturity than the market.



SEK has provided finance to Inwido, Europe’s largest supplier of windows and one of the leading suppliers of doors. Inwido’s brand portfolio encompasses several well-known and local brands, including Elitfönster.

Inwido, Europe’s largest supplier of windows


SEK has financed ITAB’s acquisition of the Italian group, La Fortezza. The financing of acquisitions by Swedish companies falls well within SEK’s assignment which, in addition to promoting exports, also includes creating employment in Sweden.

ITAB’s acquisition of the Italian group, La Fortezza

ScandiNova Systems

SEK has financed ScandiNova Systems AB, a company that develops and manufactures pulse generators, which are used in various high-power and high voltage applications.

ScandiNova Systems


SEK has financed the projects 121 Seaport, a 17-story 400,000 SF Class-A office building located in Boston’s Seaport District and also The Croydon and Lewisham Street Lighting project.

Skanska: 121 Seaport Boston

Skanska: Croydon and Lewisham Street Lighting project


SEK has financed Swisslog’s export of logistics solutions to Almarai. Almarai is a company domiciled in Saudi Arabia that retails dairy products.

Swisslog: Murabaha financing to Saudi Arabia


SEK has financed Syntronic, which is an engineering consulting company specializing in radio technology and wireless communications and a subcontractor to Ericsson, Saab, Sandvik and others.



SEK has financed Valmet’s delivery and installation of a production line for tissue in Abu Dhabi. The purchaser Crown Paper can increase the annual production capacity by 65,000 tons of FSC-certified tissue.

Valmet’s export to the United Arab Emirates


SEK finances wind turbines in Solberg and Skutskär, Sweden, for Vindin AB, a company jointly owned by ten of the largest industrial groups in Sweden.

Vindin: Wind Power in Sweden

Voith Hydro Group

In November 2012, Voith Hydro Group secured an order relating to the expansion of the Cambambe dam in Angola. Voith Hydro’s contract to supply generators and turbines for a new power station is worth over EUR 100 million in total.

Voith Hydro Group: Sustainable energy in Angola

Volvo Cars

SEK has together with EKN and local banks provided funding for Volvo Cars’ suppliers.

Volvo Cars


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