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Coface publishes CEE Top 500 companies

Coface publishes CEE Top 500 companies: Do external risks overshadow long-lasting solid economic growth in Central and Eastern Europe?

09/18/2019

The international credit insurance company presents its eleventh annual study on the biggest 500 companies in Central and Eastern Europe – the Coface CEE Top 500. It ranks 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 economic development of the CEE Top 500 is representative of the market trend in the entire region.

News

US: Economic resilience could be further tested by a debt ceiling slowdown

05/24/2023

Janet Yellen recently warned that the US could run out of cash as early as June 1st if Congress does not suspend or raise the debt limit. As a reminder, the debt ceiling is set at 31.4 trillion USD, an amount reached in January 2023. Since then, the federal government has relied to "extraordinary measures" to meet its obligations.

COFACE SA: AM Best affirms Coface’s main operating subsidiaries rating at A (Excellent) with a stable outlook

05/22/2023

The rating agency AM Best affirmed on 19 May 2023 the A (Excellent) Insurer Financial Strength – IFS rating of Compagnie française d’assurance pour le commerce extérieur (la Compagnie), Coface North America Insurance Company (CNAIC) and Coface Re. The outlook for these ratings remain “stable”.

United Kingdom: Corporate insolvencies are going from zero to a hundred after end of government support measures

05/16/2023

• In 2022, around 23,400 companies went bankrupt in the UK, causing corporate insolvencies to reach its highest levels since the 2009 Global Financial Crisis.
• The rapid rise in insolvencies came after 2 years of low level of insolvencies.
• The increase was centralised around smaller companies and has mainly been driven by creditor’s voluntary liquidations. Insolvencies in larger companies were still below their 2019 level.

7 TIPS FOR EFFECTIVE CREDIT MANAGEMENT AND AVOID BUSINESS RISKS

05/10/2023

The current economic situation can lead to major cash flow problems in many companies. Preventing delinquencies or collecting receivables immediately is critical to the survival of these businesses.

To help you gain insight into your own credit management and improve your business risk prevention, here are 7 tips to better protect your business:

NUMEROUS CHALLENGES FOR COMPANIES IN CEE RESULT IN AN INCREASED NUMBER OF INSOLVENCIES

04/27/2023

Corporate insolvencies in Central & Eastern Europe (CEE) increased in 2022 due to high prices when it comes to energy, inputs, series of prompt interest rate hikes, the highest inflation in decades and the uncertainty related to the war in Ukraine.
Eight countries experienced a higher number of insolvencies (Bulgaria, Croatia, Hungary, Latvia, Lithuania, Poland, Romania and Serbia), and four countries recorded a decrease (Czech Republic, Estonia, Slovakia and Slovenia).
After a drop in insolvencies in 2020, proceedings increased in 2021 and accelerated in 2022.

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Events

03/17/2021

COUNTRY RISK CONFERENCE 2021

The Coface Country Risk Conference is a catalyst of ideas and debates within the national business community. In 2021 the event celebrates its XVIth edition.

Journalists

If you are a journalist and would like to interview someone at Coface, obtain information or register to receive our press releases, reports, invitations, etc. Please contact: Communication Department comunicare-romania@coface.com
This site contains various resources that may interest you, such as: - Key Figures - Group Activity Report - News and Press Releases - Economic Studies - Insolvency Studies

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