News

How did CEE Top 500 companies perform

11/24/2020

The twelfth CEE Top 500 study provides an outlook on the future and summarizes the region’s economic activity of the previous year, showcasing CEE as a region of prosperity. Moreover, it describes the condition of the 500 largest companies in CEE by their turnover

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9M-2020 Financial Results: Strong balance sheet and positive operational KPIs

10/27/2020

As we continue to navigate an uncertain economic context, this successful quarter will allow us to better weather the challenges ahead. :



Some key highlights:

Client retention and new business are at record levels
Positive net production of €36.9 million
Coface reports €28.5m net income for this third quarter
Improved net cost ratio reflects continued cost controls

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COVID-19, a catalyst for political risks

10/05/2020

The annual update of Coface's Political Risk Index, published in the Coface Q3 Barometer, highlights a dual trend: on the one hand, a decrease in the risk of conflict at a global level, but on the other, an increase in the risk of political and social fragility. The latter is exacerbated in the countries most exposed to the coronavirus pandemic.

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German companies have switched to “crisis-mode” and offer less payment terms

09/21/2020

German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020, with 753 participating companies located in Germany.
Unsurprisingly, COVID-19 and its effects on the global and German economy is the predominant topic of this survey. One major finding is that German companies are getting worried: companies became cautious in providing payment terms to their clients and less companies are offering payment terms overall and these have shortened, even drastically in some sectors.

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