Export Insurance and Finance Corporation of Slovenia.

The Slovene Export Corporation was founded in October 1992 with the aim of promoting Slovenia’s export economy and increasing its competitive edge. The Corporation was established as a joint stock company in accordance with a special law published in the Official Gazette of the Republic of Slovenia (No. 31/92) with a paid-in capital of 60 million USD. SEC has 85 shareholders. The main shareholder is the Republic of Slovenia; other shareholders include banks, insurance companies, other companies, and the Slovene Chamber of Commerce. By law, the Republic of Slovenia guarantees SEC’s contractual obligations.

SEC’s principal activities are:

• export credit (and investment) insurance against non-commercial and commercial risks
• (re)financing of export credits (supplier/ buyer credits, including credit lines)
• issuing bid bonds, advance payment and per formance guarantees, and maintenance bonds.

Since its establishment, SEC has rapidly widened the range and scope of its operations, and is continually introducing new services. SEC also intends to enter the international financial market and will be in a position to offer even more favourable terms for crediting Slovene exports through its borrowings abroad.

Contacts:
Mr. Lado Artnik
Vice President & Executive Insurance Director
- Export Credit and Investment
Insurance Department
Mr. Marko Plahuta
Vice President & Executive Director
Financing and Guarantees
- Funding, Export Finance and
Guarantee Department

Mr. Marjan Kramar
President and CEO