Spotlight

Top 500

COFACE PUBLISHES CEE TOP 500 COMPANIES: How do the biggest companies bounce back from the pandemic?

11/02/2022

• 2021 – a favourable environment for Central and Eastern Europe with 5.7% GDP growth after a recession of -3.7% in the first year of pandemic
• Top 500 players: increase in turnover, net profits and employment, due to the recovery from the slump of activity
• Sectors: the reliable backbone oil and gas comes in first in the top 500 followed by automotive & transport and non-specialized trade
• Poland is home to the largest businesses in the region with an increasing aggregated turnover by 26% in 2021 compared to previously

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News

“A COLD CHILL ON THE GLOBAL ECONOMY” Q3 2022 BAROMETER

10/18/2022

Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. In the short term, the economy seems to be settling into a regime of "stagflation", where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.

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Coface’s Germany Corporate Payment Survey 2022: Battered companies prepare for another crisis

09/22/2022

While the difficult economic situation took its toll, the 6th edition of Coface’s survey on corporate payment experience in Germany indicates that the impact on corporate payments in 2022 appears to be moderate and comparatively lower than the shock on the economy. However, companies are vigilant in the short-term and very pessimistic about the future.

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COFACE STUDY: INSOLVENCIES IN ROMANIA INCREASED BY 16% IN THE FIRST SEMESTER OF 2022 COMPARED TO THE SAME PERIOD OF THE PREVIOUS YEAR

09/13/2022

The latest Coface Romania study shows that in the first semester of 2022, 3,510 new insolvency proceedings were opened, up by 16% compared to the previous year, and 6% above the level before the Covid-19 pandemic. Financial losses caused by insolvent companies in the first half of this year reached 2.7 billion lei, up by 36% compared to the similar impact in the same period last year, and almost at the same level as all the losses generated by companies that entered into insolvency in 2020.

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Alina Popa appointed new Country Manager of Coface Romania

08/03/2022

Coface Romania has a new Country Manager as of August 1st. Alina Popa takes over the management of the company from Eugen Anicescu who held this position since 2016. The appointment from within the organization reconfirms the solidity of the local team and its potential to strengthen the Coface brand.

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Key figures

€1,568 M of turnover in 2021
 4,540 employees worldwide
 100 countries offering our services
 €540 B of receivables guaranteed
 50,000 customers
 16 economists producing studies
 40 Studies released every year
 340 credit analysts
 410 claims and recovery managers
 €223.8 M Net profit in 2021
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Globalworth Plaza Building
District 2 - Bucharest - ROMANIA
T. +40/374 670 720 
 
 
Cluj-Napoca Branch:
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Cluj-Napoca - ROMANIA
T. +40 741 111 032 | 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
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