News & Publications

News & Publications

News

The German Metals Industry - Negative outlook, but surprisingly positive payment behaviour

11/28/2023

The situation of the German metals sector has never been easy, but it got more challenging with the emergence of the competition of Chinese state-supported metal products as well as the downturn of the German automotive sector since 2018. Despite challenges, the payment behaviour has - counter-intuitively - improved over the years in the metals sector according to the results of our annual Germany payment surveys.

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Egypt: no relief for the foreign currency squeeze

11/21/2023

Egyptian importers have encountered growing issues in obtaining foreign currency to settle their foreign suppliers.
Read our news to know more.

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COFACE PUBLISHES CEE TOP 500 COMPANIES

11/15/2023

Despite initial concerns about the impact of the Ukraine war on Central and Eastern European (CEE) economies, the region has demonstrated resilience. However, due to the energy crisis and rising costs, the region has been progressively experiencing a slowdown.
Top 500 players: increase in turnover, net profits and employment, due to the macroeconomic developments

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France corporate payment behavior survey in 2023

11/13/2023

In 2023, 97% of French companies have offered payment terms to their customers, with an average timeframe of 48 days.
Despite this, 82% of companies have recorded payments delays by their clients over the past 12 months. The majority stated that late payments were occurring more frequently, and for longer periods than last year. The deterioration in corporate payment habits is echoed in insolvency numbers, with an undisputed increase observed since the start of the year that has even overshot pre-Covid levels.

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Gulf Cooporation Council: A real winner of the global economic headwinds

10/30/2023

After a slowdown in 2023 mainly due to lower energy production and prices, 2024 is expected to be a year of higher economic growth for the Gulf Cooperation Council (GCC) countries as, after several months of pessimism about global oil demand, prices have been on the rise since summer. But all countries are not equal…

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