Coface

Coface has published its annual insolvency report for Central and Eastern Europe (CEE), revealing a contradictory picture: while economic growth returned in 2024, business stability continued to deteriorate. Despite easing inflation and a…

The latest study conducted by Coface Romania shows that 7,274 new insolvency proceedings were opened in 2024 compared to 6,650 in 2023. Denied payment instruments have increased both in value (+30%) and number (+17%) compared to 2023, but…

What will 2025 look like? Last year's electoral uncertainty may have been (partly) removed, but the horizon is still far from clear and the risks have rarely seemed so high, a Coface report says. While US policy is likely to be detrimental…

The CEE Top 500 study highlights a turbulent economic environment for Central and Eastern Europe’s largest companies in 2023. After years of resilience, businesses in the region faced significant challenges from contracting domestic and…

The global economic recovery presents a mixed picture. While the US economy looks set for a soft landing, the eurozone continues to face many uncertainties, particularly in the industrial sector. China, meanwhile, is struggling to sustain…

The latest Coface Romania study shows that in H1 2024, 3,684 new insolvency proceedings were opened, an increase of 8.32% compared to the same period of last year. There is also a deterioration in the payment behavior of companies, the…

In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023. While businesses initially weathered the storm with government support measures during the…

The latest Coface Romania study shows that 6,650 new insolvency procedures were opened in 2023 compared to 6,649 in 2022. The refused payment instruments increased both in value (+37%) and in number (+17%) compared to 2022, but below the…

The challenges for businesses in the CEE region initially involved ongoing difficulties across various sectors despite the recovery from the impacts of the Covid-19 pandemic. “Then, the region was hit by Russia's full-scale invasion of…

The good news at the start of 2023 quickly gave way to hints that the end of the year would be far less promising. Over and above the risks that have already been mentioned many times, some of which continue to intensify (financial…