Boosting internationalization
The Ministry of Economy, Trade and Business has announced an increase in the risk capacity that Cesce can assume on behalf of the State, reaching €250 million. The measure aims to support the internationalization efforts of Spanish companies in the Ukrainian market.
The official announcement was made by the First Vice President and Minister of Economy, Trade and Business, Carlos Cuerpo, during a diplomatic and trade mission to Ukraine. On this mission, the government representative was accompanied by a delegation of some fifty Spanish corporations, demonstrating a clear institutional commitment to the country's economic and infrastructural recovery.
The fundamental objective of this visit is to act as a catalyst for the Spanish business fabric assume a leading role in the Ukrainian recovery plans. By increasing the coverage ceiling to €250 million, Spain is raising its commitment to the country, multiplying the current financial support by more than eight. This decision translates into a powerful guarantee against political, commercial and extraordinary risk for all those companies that decide to carry out operations of foreign trade o international investments in the zone.
This injection of insurance capacity will allow domestic firms to have the protection of Cesce on the same terms as in any other international market. In a scenario marked by the volatility of war, having specific risk mitigation instruments is vital. In fact, this regulatory update places Cesce on the same competitive level as the main players. Export Credit Agencies (ECA) from the European continent.
Strategic alliance between ICO and Raiffeisen Bank
As part of this package of measures aimed at CapabilitiesA significant financing agreement channeled through the Official Credit Institute (ICO) and the Raiffeisen Bank UkraineThis agreement, valued at 20 millones de euros, it has coverage through the State Account of Cesce.
The funds will be used entirely to support business projects of Spanish companies that actively participate in the modernization, recovery and reconstruction of the country, paving the way for the project financing, exports and logistical development in a highly complex environment.
A record-breaking 2025 for Cesce
With these financial maneuvers, Cesce reinforces its role as an undisputed strategic partner for companies seeking to diversify their operations in times of great global uncertainty. This support for operations in Ukraine follows the trend of 2025, a year the company closed with record-breaking results.
During the past year, support operations for the Spanish foreign sector by State Account they reached the 6.300 billion euros in insurance issued, marking an absolute record that doubled the figures from previous years. Likewise, the value of export and investment contracts guaranteed by the agency soared 45% year-on-year, reaching its peak in 24.500 millones de euros, while its global portfolio consolidated in the 22.500 millones de euros.
| Concept | Detail |
|---|---|
| Risk limit assumed by Cesce | 250 millones de euros |
| Country of destination of the operations | Ucrania |
| Announced by | Carlos Cuerpo, First Vice President of the Government |
| Context of the announcement | Official trip with a delegation of 50 Spanish companies |
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