Újdonság

Germany Corporate Payment Survey 2020: German companies have switched to “crisis-mode” and offer less payment terms

COVID-19 and its effects on the global and German economy is the predominant topic of this fourth edition of Coface’s survey on corporate payment experience in Germany.

Tovább Olvas

Panorama: Global renewable energies climb despite COVID-19

Despite the COVID-19 pandemic, the renewables segment of the global energy sector has continued its ascension.

Tovább Olvas

The Netherlands - Corporate Payment Survey 2020

More payment delays alongside COVID-19 for Dutch companies

Tovább Olvas

Post-pandemic production relocation: an opportunity for CEE countries

The COVID-19 crisis has triggered a discussion on increasing supply chain resilience to foreign supply shocks.
Before the pandemic’s arrival in Europe, a lockdown of factories that temporarily suspended manufacturing in China put the supply of intermediary goods at risk. In order to limit such risks, supply chain managers are likely to diversify their sources of supply.

Tovább Olvas

Global Transport: What does the future hold beyond COVID-19?

The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, in order to limit the virus’ propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.

Tovább Olvas

United States: Two-speed business bankruptcies

The COVID-19 pandemic has hit the United States (U.S.) very hard, inflicting a heavy human and economic toll.

Tovább Olvas

Focus: Are corporate balance sheets in Spain and Italy ready for the COVID-19 shock?

Spain and Italy will be amongst the economies hardest hit by COVID-19, contracting by 12.8% and 13.6% respectively in 2020, according to Coface’s forecasts. Taking a closer look at the health of Spanish and Italian corporate balance sheets should help identify pockets of vulnerability where widespread defaults are more likely to materialize.

Tovább Olvas

Focus: Corporate insolvencies in Europe - temporary framework amendments kick the can down the road

The economic consequences of the COVID-19 pandemic are of an unprecedented scale in Europe. The twin supply-demand shock has resulted in the halting of production (at least partially) in many companies as employees cannot go to work and in a fall in consumption because of mobility restrictions. The decline in revenues has deteriorated companies’ cash positions, fostering an increase in payment delays – and, ultimately, payment defaults.

Tovább Olvas

Country & Sector Risk Barometer: Q2 2020 Quarterly Update

From a massive shock to a differentiated recovery

Tovább Olvas

China Payment Survey 2020: Payment delays will increase further because of COVID-19

Our survey shows a deterioration in payment behaviour in 2019, which ultimately does not bode well for Chinese companies in the context of weaker activity in 2020. Coface expects growth to fall to 1.0%, the lowest level in 30 years, so given the historic correlation between economic activity and payment delays, we anticipate a sharp deterioration in 2020.

Tovább Olvas

Focus: World Trade - despite a sudden interruption, global value chains still have a bright future

In the midst of the COVID-19 pandemic, global trade has been dragged down by numerous factors. However, as tight border controls begin to ease and producers begin to adapt, the good news is that global value chains still have a bright future.

Tovább Olvas

Focus: COVID-19 swings the spotlight back onto emerging countries’debt

While the focus, so far, has mainly been on China, Europe and the United States, the consequences of the COVID-19 pandemic are likely to be even more severe in emerging economies

Tovább Olvas

Focus: Can China shield its economy from the impact of COVID-19?

China will likely miss its 2020 growth target due to the impact of the coronavirus pandemic on the global economy.

Tovább Olvas

Country & Sector Risk Barometer: Q1 2020 Quarterly Update

COVID-19: heading towards a sudden global surge in corporate insolvencies

Tovább Olvas

Poland Payment Survey: reduced payment delays, but a challenging outlook

Despite the economic slowdown, Coface’s latest survey on business payments in Poland shows that payment delays have systematically shortened since 2017 - but the impact of the coronavirus epidemic on the Polish economy remains to be seen.

Tovább Olvas

Country & Sector Risk Barometer - February 2020

World trade in the face of political and environmental change.

Tovább Olvas

Turkey Payment Survey 2019: better picture in payment terms but companies are still cautious regarding economic prospects

Following the economic recession during the second half of 2018, the private sector remains mixed in terms of the economic outlook.

Tovább Olvas

The global automotive industry and enhanced regulations: a very steep path ahead

The global auto sector is facing several challenges including enhanced and stricter regulations against environmental risks in the context of a slowdown of the global economy.

Tovább Olvas

Corporate insolvencies in France: fewer in number, larger in size

Corporate insolvencies fell by 3.3% in France during the first ten months of the year. After a difficult first quarter, due in particular to the repercussions of the “yellow vest” movement, they have been steadily declining since May 2019. As a result, the number of corporate insolvencies is expected to decline over the full year, for the fourth consecutive time. However, Coface expects a slight rebound of insolvencies in 2020 (+0.9%), for around 52,000 proceedings, mainly due to the expected slowdown in the construction sector that was largely driven by public works in 2019.

Tovább Olvas

2019 survey on company payments in Germany: turn of the tide

85% of companies report payment delays in 2019. This is an increase from 2017 by 7 percentage points.

Tovább Olvas