Investment Guarantees of the Federal Republic of Germany

Project examples

Project example: Building materials for Ukraine

The FIXIT GROUP is a leading European manufacturer of building materials and produces insulation systems, mortar, plaster and paints in 68 factories in 19 European countries. Acting as a group, they market products and solutions for residential buildings and non-residential construction, general construction and civil engineering, new construction and refurbishment.

The FIXIT GROUP has been active with a factory in Ukraine under the Kreisel brand for 20 years. Since 2018, this factory south of Kyiv has been constantly expanded with a view to sustainable production. It has extensive production facilities both for dry and wet building materials.

In order to better meet the requirements of its customers, especially in the western regions of Ukraine, and to serve the booming market for building materials in Ukraine, following a comprehensive planning phase the construction of a cutting-edge and high-performance production facility to the south of Lemberg (Lviv) was begun in August 2021. This factory, which will create some 60 new jobs and have state-of-the-art production standards, is intended to manufacture high-quality building materials made to European standards for customers in the whole of western Ukraine and, thanks to its modular expansion design, is well prepared for further strong growth in the Ukrainian market. The construction work became much more complicated due to the outbreak of war in February 2022 but has not been suspended.

After completion, the Kreisel Ukraine factory is planned to play a decisive role in the reconstruction and modernization of the country. Thanks to the investment guarantee from the Federal Government, which covers war and political risks, the transfer of fresh capital and thus the continuation of construction work on site is assured in spite of the uncertainties prevailing at the moment in Ukraine due to the war.


Picture rights: FIXIT TM Holding GmbH, Freising

Project example: Semiconductor production in Malaysia

Infineon Technologies AG in Neubiberg is among the leading global suppliers of semiconductor solutions for efficient energy management, intelligent mobility as well as secure wireless communications. With some 56,200 employees, the company generated turnover of more than 14 billion euros in the business year 2022.

Infineon Technologies AG is strengthening its leading position on the world market and the resilience of its supply chains with an investment of over 2 billion euros in a third module in Kulim in Malaysia by expanding its production capacity in the field of compound semiconductors. Renewable energies and electromobility are the main drivers of strong and sustainable growth in demand for such semiconductors.

At full capacity, the third module in Kulim will create 900 high-quality jobs. The work on construction of the new factory, expected to take some two years, began in summer of 2022. The first manufactured wafers will come off the production line in the second half of 2024. The Federal Government is supporting this project with investment guarantees.

Infineon Technologies Malaysia

Picture rights: Infineon Technologies AG, Neubiberg

Project example: A dust recycling plant for China


Befesa is a company in the environmental services sector specializing in the recycling of residue materials from the steel and aluminium industries. Through reprocessing of hazardous residues and reusable materials, Befesa helps to reduce the consumption of natural resources in the metal industry. Since China is the biggest producer of steel worldwide, this market has a huge strategic significance for Befesa. With two new industrial dust recycling plants in Henan and Jiangsu Provinces, the group has gained access to this very promising prospective market. Both projects are secured against political risks by means of Federal Government guarantees.

Heinz-Glas International GmbH & Co. KGaA, Tettau-Kleitettau

Picture rights: Heinz-Glas International GmbH & Co. KGaA, Tettau-Kleintettau

Project example: Solar storage for Zambia


Rivonia is a Zambian food producer. In order to make Rivonia independent from the unreliable power grid and from expensive and climate-damaging diesel generators, a solution is being implemented by the company GRIPS. GRIPS is making an off-grid solar storage system available under a leasing contract. In this way the factory can produce food self-sufficiently and in a climate-friendly way independently of the power grid. For this, the customer Rivonia only pays a royalty. GRIPS develops and finances customized renewable energy solutions for companies, thus helping to support growth in up-and-coming African markets. 

Gripsenergy Solar Storage for Zambia

Picture rights: GripsEnergy GmbH, Berlin

Project example: Sustainable resources for Vietnam

Since 2019, the waterworks Song Duong 1b built by the Aone Deutschland AG (Aone) as a turnkey project for the local water supplier AquaOne Cooperation has been supplying the 1.5 million inhabitants of the Vietnamese capital Hanoi with clean drinking water. In a second project stage, Aone is building, financing and operating a 2.7-megawatt photovoltaic plant on the roof of the waterworks. The plant was commissioned into operation in December 2020. Aone has for years been relying on digitization in its international cooperation – an invaluable know-how asset during a pandemic. The cover for the photovoltaic plant under an investment guarantee has made a major contribution to financing the project.

Aone Germany Waterworks Vietnam

Picture rights: Aone Deutschland AG, Leipzig

Knauf sets up its first production facility for gypsum plasterboard on the Philippines

The Knauf Group, with its head office in Iphofen is among the leading manufacturers of building materials and building systems worldwide. Knauf is present on all five continents in more than 86 countries and over 220 production and sales localities. In 2016 the group generated turnover of 6.5 billion euros with around 27,400 employees. The Philippine market for building materials is among the fastest growing anywhere in the world. Knauf will invest 40 million euros in the first local production plant for plasterboard in Batangas Province. Production will commence in 2018 with an annual capacity of 16 million m², thus creating some 100 jobs. The Federal Government is covering this project with an investment guarantee against political risks.

Production on the Philippines will create some 100 jobs.

Plasterboard production Knauf Philippines

Picture rights: Knauf Engineering GmbH, Iphofen