Sunday, December 4, 2011

Guillaume Thanked For His Help and Commitment

On Friday the Office du Ducroire Luxembourg, ODL or simply Luxembourg Export Credit Agency celebrated its 50th anniversary and the Hereditary Grand Duke was at hand to celebrate with them. The ODL is a public institution, insuring the exporter’s risks linked to international business transactions and investments abroad and is generally backed by the state. In the past they mainly helped various Luxembourgish companies to break into rather unknown markets by insuring that they would get money even if their clients are unexpectedly not able to pay them for their work.

During his speech Luxembourg's Minister for the Economy and Foreign Trade Jeannot Krecké thanked Hereditary Grand Duke Guillaume publicly for his active and effective help as well as his dedicated commitment on business trips and economic missions.

An extensive article on the matter can be found in the Lëtzebuerger Journal.

Sources: ODL, Lëtzebuerger Journal

No comments:

Post a Comment