News

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

12/19/2019

Hit by increasingly stringent regulations, particularly for environmental purposes, the global automotive industry is facing a downturn and is being forced to reinvent itself.
In a gloomy global economic context, the automotive sector faces several very specific challenges, including stronger and stricter environmental regulations. As a result, car sales are experiencing negative growth not seen since the Great Recession of 2008 and there is an uncertainty prevail in the sector.

Read more

Broker Portal, Coface’s new digital interface for its brokers

12/02/2019

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world.
Available in 42 of the countries covered by the Coface group, the Broker Portal is a digital platform for Coface’s brokers. Modern and intuitive, the portal allows brokers to optimize the management of their activity. The tool portal was developed by Coface, whose ambition was to provide brokers with a high level of service and optimal satisfaction.

Read more

Business failures in France are less frequent, but of a larger size.

12/12/2019

While the number of companies facing corporate insolvency has decreased since the beginning of the year, their cost has increased, both financially and in terms of the number of jobs affected.
After a difficult first quarter, marked by the repercussions of the “yellow vests” movement, the number of corporate insolvencies since the beginning of the year in France is set to decline for the fourth consecutive year. However, Coface expects a slight rebound in insolvencies in 2020 (+0.9%), mainly due to the expected slowdown in the construction sector, which was largely driven by public works in 2019 in the run-up to the municipal elections.

Read more

Coface Study: Dairy and Cheese Manufacturing Sector-negative revenue evolution in 2018, with a 5% decrease compared to 2017

11/26/2019

A new study by Coface Romania on the sector of "Dairy products and cheese manufacturing" indicates a negative evolution of revenues in 2018, which decreased with approximately 5% compared to 2017, with a slightly increased profitability. The study aggregated the data of 448 companies that submitted their financial situation for 2018 and generated a consolidated turnover of RON 3.8 billion. The weight of the cumulative market share held by the most important 10 players is 58%, which indicates a high degree of concentration.

Read more
All the news

Contact

Headquarter:
42 Pipera St. - 6th Floor - 020112
Globalworth Plaza Building
District 2 - Bucharest - ROMANIA
T. +40/374 670 720 / +40/374 463 262
 
 
Cluj-Napoca Branch:
107 Republicii Str.- 3rd Floor -
Cluj-Napoca - ROMANIA
T. +40/ 741 111 368 | F. +40/373 788 813
E. comunicare-romania@coface.com
 
Timisoara Branch:
69 Calea Torontalului - 10th Floor - Vox Building
Timisoara - ROMANIA
T: +40/ 741 111 689 | F: +40/ 373 788 813
E. comunicare-romania@coface.com
Contact us
  • Romanian
  • English