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DEG - Deutsche Investitions - und Entwicklungsgesellschaft mbH
About Organization...
DEG (German Corporation of Investments and Development) was established in 1962 and is a governmental financial-and-consulting company specializing in the issues of the international development of Germany. The organization's objective is the assistance to the growth of the developing countries and countries with the transitional economy by supporting the private sector. DEG specializes in granting medium- and long-term investments and has experience in realizing projects in 80 countries of the world, including Russia.
Geography of activity
DEG (German Corporation of Investments and Development) was established in 1962 and is a governmental financial-and-consulting company specializing in the issues of the international development of Germany. The organization's objective is the assistance to the growth of the developing countries and countries with the transitional economy by supporting the private sector. DEG specializes in granting medium- and long-term investments and has experience in realizing projects in 80 countries of the world, including Russia.
Financed branches
Unrestricted
Priority branches:
- Financial sector
- Agriculture
- Infrastructure (electric power industry, water-supply, telecommunications, etc.)
Special requirements to the recipient of financing
Financing is granted to the projects with German participation. Special priority belongs to the projects of establishing joint ventures.
The project must exert a positive influence on the development of the country of its realization, as well as meet the generally accepted nature protection and social standards
Form of financing
Investment in the share capital
Credit
Guarantees to the investors
Terms of financing
Period of investment: 4-10 years (longer terms are also possible)
Interest rate: The rate of interest is determined individually depending on the project and country risks
Characteristics of financing
Financing is granted to all stages of the projects' realization - both creation of new enterprises and expansion, reorganization or modernization of the already existing companies.
Usually DEG puts its representative on the board of directors of the enterprise that has received financing for the period of the project's realization.
When granting the share capital, the investments are made in the non-controlling blocks of shares for 5-10 years.
When granting a credit, the finances are allocated for 4-10 years (the period of financing can be longer in certain cases). The credit's currency is usually EURO, sometimes - USD or another foreign currency. The interest rates may be either fixed or floating. As a rule, pawning of property of the enterprise - recipient of financing is used as surety for meeting the obligations.
As an option, mixed forms of financing presupposing granting of funds partially in the form of the share capital and partially in the form of a credit, can be used.
If necessary, with DEG's assistance, additional investors can be attracted for the realization of the project - international institutes of development (International Financial Corporation, European Bank for Reconstruction and Development, European Investment Bank), as well as the funds of the special financial programs of the German government.
In certain cases DEG can give guarantees to the local investors in the country of the project's realization with the view of attracting additional credit resources in the national currency for the enterprise - recipient of financing.
DEG also renders non-financial support to the financed enterprises at all stages of the investment project's realization: assistance in the project's development, financial engineering, advisory support and practical assistance in resolving the arising problems.
Documents necessary for receiving financing
Business - plan
Contact information
Address: DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG - German Investment and Development Company)
Business Relations
Belvederestrasse 40, D-50933 Koln (Cologne), Postfach 45 03 40, D-50878 Koln (Cologne)
Phone: (49 2 21) 49 86-0
Fax: (49 2 21) 49 86-2 90
E-mail: BusinessRelations@deginvest.de
Internet: http://www.deginvest.de/
Attention of investors: If your organization is interested in investing to Voronezh region enterprises, please contact us for placing your information in this section.
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