Spotlight

Two pitfalls for businesses in 2019: the economic downturn and political risks

Two pitfalls for businesses in 2019: the economic downturn and political risks

02/11/2019

Coface will be sharing its vision of the major trends in the world economy in 2019 with businesses at its annual conference on country and sectoral risks.

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News

In a global economic slowdown, luxury continues to outperform but faces new challenges

05/14/2019

Counterfeiting, e-commerce, Chinese consumers importance, even if it is generally relatively spared by recessions, the luxury market must adapt to a profoundly changing economy if it does not want to lose its exceptional status.

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Central Asia, China, and Russia: a three-way partnership of reason

04/23/2019

Located on two branches of the New Silk Road (Belt and Road or B&R), Central Asia is both a trading partner and gateway for China and Europe; Russia’s long-standing influence in the region through expatriate transfers, its military bases, and culture is also of note. For the moment, China and Russia find reasons for rapprochement in their opposition to Western ideas and their fight against the spread of radical Islam. However, the balance of power could soon change as China is the largest provider of funding for corridor development in the region.

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The turnaround in the industrial cycle hits companies in the chemicals sector in Europe and North America

04/22/2019

Signs of a slowing global economy continue to accumulate - 2019: the number of insolvencies will increase in two-thirds of countries (+3% in Western Europe) - The chemical industry in Europe and North America is suffering from fewer opportunities in the automotive sector - Improvements in assessments are concentrated in the Middle East, including Saudi Arabia's upgrade (B)

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Coface strengthens its market position in the Adriatic region by acquiring SID - PKZ, the leading credit insurance company in Slovenia

04/15/2019

Coface announces today the acquisition of SID - PKZ, the market leader in credit insurance in Slovenia with a high market share. As Coface has acquired all SID - PKZ shares, the business will operate under the new brand name Coface PKZ. The acquisition supports Coface’s strategy of profitable growth in Central & Eastern Europe region.

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Key figures

€1,385 M of turnover in 2018
 4,100 employees
 100 countries offering our services
 €540 bn of receivables guaranteed
 €122.3 M of net profit in 2018
 160 Country assessments
 16 Economists producing studies
 30 studies released every year
 660 underwriters and credit analysts
 410 claims and recovery managers
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T. +43/1/515 54-0
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