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EGAP and Czech–Korean Co-operation David Havlíček | September 15, 2015.

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Presentation on theme: "EGAP and Czech–Korean Co-operation David Havlíček | September 15, 2015."— Presentation transcript:

1 EGAP and Czech–Korean Co-operation David Havlíček | September 15, 2015

2 2 EGAP – Reliable Czech Export Partner for 23 Years Insured export in an amount of 746 bn. CZK to more than a 100 countries

3 3 World Map of Selected Projects 4700 projects insured in more than 100 countries all over the World

4 4 In 2009 EGAP insured delivery of turbines for the Al Quatrana project in Jordan in the amount of 20,4 mil. EUR In 2013–2014 EGAP insured deliveries for Slovakian power plants company JE Mochovce in the amount of 180 mil. EUR Succesful Co-operetion of EGAP and Doosan Škoda Power

5 5 Yipo Czech Supplies for Korean Hydroelectric Power Stations EGAP insured delivery of turbines and fixtures from the Czech company MAVEL for small hydroelectric power stations Seungcheon, Nakdan, Hapcheon, Yipo and Gangjeong Gangjeong

6 6 Wikov gearbox Exports of MSA and WIKOV EGAP insured export of industrial valves made by MSA for the Korea Gas Corporation (Kogas) EGAP insured export of Wikov‘s gearboxes for wind turbines MSA industrial valves

7 7 An agreement on mutual guarantees between EGAP and the Korean export agency K-sure has been valid since May 2015 The main purpose of the co-operation is not only to support our exports to Korea, but also the opportunity to participate in joint projects in third countries The agreement allows reciprocal guarantees of business transactions of both insurers Korean insurance company ranks among the strongest in the world, since 1992 it has insured the Korean export in the equivalent of 40 trillion CZK. Most of Korea's exports is intended for Asia (29%) and the Middle East (18%) Co-operation with K-SURE

8 8 Mitigating risk by using export trade finance tools (co-financing, reinsuring, guarantees) Reaching new territories Strenghtening the Korean and Czech industries Innovations and knowledge sharing Positive effects on employment for both countries Benefits of Mutual Co-operation

9 9 Power plant in Israel - a project implemented by the Korean company Doosan Heavy Industries and Construction Insured by EGAP and K-SURE. Export of 3 steam turbines and generators with accessories by Doosan Skoda Power Benefits of Mutual Co-operation

10 10 Thank you for your attention. www.egap.cz David Havlíček havlicek@egap.cz


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