Coface

Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty. The global recession is expected to coincide with a sharp decline in international trade this year, especially…

While the focus so far has mainly been on China, Europe, and the United States, the consequences of the COVID-19 pandemic are likely to be even more severe for emerging economies. Even though their degree of vulnerability to this shock…

At first, the COVID-19 epidemic in China only affected a limited number of value chains – but it has since turned into a global pandemic. Its repercussions have created a double shock – supply and demand – that is affecting a large number…

The majority of insolvencies were registered in the wholesale and distribution sector followed by the constructions and retail sectors. The most recent Coface Romania study shows that in 2019 there were 6,384 insolvent…

Hit by increasingly stringent regulations, particularly for environmental purposes, the global automotive industry is facing a downturn and is being forced to reinvent itself, a Coface survey says. In a gloomy global economic context,…

Strenghts: More than three quarters of the companies in the sector registered a net profit at the end of 2018 About 70% of the companies in the sector made investments in 2018 The debt level at the sector level of 47.9% is…

Strenghts: Increase of sector profitability from 1.2% in 2017 to 3.5% in 2018 50% less companies that registered debts to the State Budget in 2018 From Coface's perspective, 66% of the companies analyzed in this sector have…

Central to the current trade tensions, notably between the USA and China, the global agri-food sector is impacted by knock on effects, notably via downward trends on the prices of key agri-food commodities, such as soybean. Coface has…

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

A new survey conducted by Coface Romania on the wholesale of pharmaceutical products indicates a positive trend of the revenues of the companies operating in this sector of activity in 2017, but with a slight decrease in profitability. This…