The Exim offers insurance due to the Russian embargo

A distrust can be seen towards the Russian market. The Hungarian exporters protect themselves from the deteriorated economic relations between the EU and Russia with insurance – Nátrán Roland, Exim’s CEO told MTI.

Nátrán Roland said, that the big pharmaceutical companies, such as Richter, Egis and Mehibes handles the increased risks of the current situation with insurance.

He added that, like the pharmaceutical industry, there are several sectors that are not affected with the embargo. The operators of theses sectors also ensure their revenues, because if the other party will not pay after shipping, the insurance company copes, and that is also helpful in “peacetime”. (MTI)