Euler Hermes Aktiengesellschaft (EH GERMANY – State), as a new company officially registered in early February 2014, has taken over all state account activities of Euler Hermes Deutschland AG. The new company is treated as a partial legal successor of Euler Hermes Deutschland AG.
Since 1949 EH GERMANY (State) - and until 30 June 2017 together with PricewaterhouseCoopers AG - have been entrusted by the German Federal Ministry of Economics and Energy with administering the Official Export Guarantee Scheme, for which purpose the two companies entered into a consortium under the lead management of EH GERMANY (State). The company handles short-term and medium/long-term export credit guarantees, whole-turnover policies and pre-shipment risk cover.