Twist Tobacco found the ideal partner in Euler Hermes
The tobacco manufacturer uses guarantees for the purchase of the mandatory tax stamps to be affixed on tobacco products. This guarantees the Treasury a minimal recovery of the excise payment should the company go bankrupt.
Portmade Director Guio Veraart: “All our activities are bond-related. This requires a relatively large surety package, with the necessary flexibility. We found that flexibility at Euler Hermes.”
