The macroeconomic context becomes unstable, following the procyclical fiscal policies that cause the increase of a very high fiscal deficit in a period of attenuated economic growth. The number of insolvent companies in 2018 is similar to the one registered in the previous year, namely almost 8,200 companies, and continues to be on the level of the last decade.
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The international credit insurance company Coface presents its tenth annual study on the biggest 500 companies in Central and Eastern Europe – the Coface CEE Top 500. It ranks the businesses by their turnover and additionally analyses further facts such as the number of employees, the framework of the companies, sectors and markets as well as the new Coface company credit assessments. The trend of the CEE Top 500 reflects developments in the region.Read More
Insolvencies are the minimum level of the last ten years, but the level of losses generated to creditors is close to the maximum in the last decadeRead More
4,199 new insolvency procedures were initiated in the first semester of the current year, down by 5% fewer in relation to the same period of the previous year, when 4,442 insolvency procedures were initiated.Read More
With the wave of ongoing elections in countries such as Hungary, Czech Republic, Poland and Slovenia, Central and Eastern Europe is undergoing a major period of change against the background of economic growth that is still strong (...)Read More
In 2017, in Romania, 8,256 new insolvency proceedings were opened, by 3% more than in the previous year, when 8,053 insolvencies were opened. Despite the minimum level of the insolvencies registered in the last 15 years, Romania reports an average rate of the ratio between the number of insolvent companies and 1.000 active organizations is of 2.4%, almost twice the average in the Central and Eastern Europe.Read More
2018: the upturn continues, but corporates risk overheating
During its annual conference on country and sector risks, Coface shares with companies its vision of the major global economic trends for 2018.
Cresterea continua depaseste asteptarile
Economia Turciei a inregistrat o crestere semnificativa in primele trei trimestre ale lui 2017, in urcare cu 7,4% comparativ cu anul precedent. Acest lucru s-a realizat in ciuda seriei de socuri care au avut loc in tara in 2016.
Although dynamic, France’s organic food sector could be forced to abandon its original principles in order to increase scale
Organic production is insufficient to meet consumer demand
France’s organic food sector has been experiencing double-digit growth since 2014. This upward trend was confirmed during the first half of 2017 and suggests that there will be a growth of almost 14% for the entire year which will represent a turnover of over 8 billion Euros, according to Coface’s estimates.
A better year for exporters and domestic trade
The second annual corporate payment survey for Germany carried out by Coface confirms many of the foregone trends. However, some improvements can be seen.