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KUKE and KUKE Finance support Menlo Electric and the development of renewable energy

Menlo Electric, one of the fastest growing photovoltaic distributors in Europe, received limits in KUKE and KUKE Finance in the total amount of PLN 15 million, thanks to which it will be able to safely finance its recipients under insurance and factoring agreements. In combination with the funds obtained at the beginning of this year, Menlo Electric secured over 70 percent of the financing planned for this year, which in total amounts to PLN 90 million.

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KUKE and Bank BNP Paribas support Boryszew鈥檚 expansion in the automotive industry

Boryszew, one of the largest producers of car parts in Poland, received two loans from BNP Paribas Bank with a total value of PLN 200 million. The financing will allow the company to increase and modernize the production capacity at its plants in Poland and Mexico. The financing was possible thanks to new insurance and bonding facilities aimed at supporting Polish exporters which were recently introduced by KUKE.

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