Accompanying the German 
export industry in the 
transformation process

The Export Credit Guarantees of the Federal Government are a Foreign Trade Promotion Instrument which, in its decades-long success story, has supported any companies in realising their export business, opening up markets, growing and securing jobs. The so-called Hermes Cover protect German exporters and export-financing banks against risks in an increasingly challenging environment that is no longer characterised by competition alone. Added to this are digitalisation and climate change and, last but not least, a globalised world that is still affected by the pandemic in many areas.

Euler Hermes, as a company involved in the processing of state guarantees, and the Federal Government must also face up to this change with its promotional instruments. Nevertheless, we are looking confidently into a rapidly changing future and, according to our possibilities and with suitable means, we accompany export-oriented German enterprises in their transformation towards a consistently socially and ecologically oriented economy. We have made it our task to link the instrument with the promotion of SME's and their (new) fields of interest, such as renewable energies, small tickets, exports of services, etc.