News & Publications

News & Publications

News

COFACE REPORTS A POSITIVE NET INCOME OF €11.3M FOR THE SECOND QUARTER 2020 AND CONTINUES TO IMPLEMENT ITS STRATEGIC PLAN

07/29/2020

Turnover for the first semester: €725m, down 0.6% at constant FX and perimeter:
Client retention and new business achieve record levels, with a positive net production of €33m.
First effects of re-pricing are now visible (+0.2%).
Revenues from services progress by 7%, including information services up by 13%.
Client activities continue to slowdown – a trend expected to continue over the following quarters.

Read more

POST-PANDEMIC PRODUCTION RELOCATION: AN OPPORTUNITY FOR CEE COUNTRIES?

07/23/2020

Foreign trade and inclusion in supply chains had already increased in recent years, supported by EU membership by most CEE (Central and Eastern European) countries in 2004.

Read more

Global Transport: What does the future hold beyond COVID-19?

07/16/2020


The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, to limit the virus’propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.

Read more

UNITED STATES: TWO-SPEED BUSINESS BANKRUPTCIES

07/10/2020

As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country's GDP will contract by 5.6% in 2020, before rebounding by 3.3% in 2021. Nevertheless, this forecast is threatened by the resurgence of the outbreak in several states, which are already pausing or even reversing the resumption of activity after the extensive lockdown of April.

Read more

ASIA CORPORATE PAYMENT SURVEY 2020: COVID-19 WILL OVERTURN LAST YEAR’S INCIPIENT RECOVERY

07/02/2020

After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipent recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity from the US Federal Reserve.

Read more
All the news

Press contact

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:
Magdalena Węsierska-Wieczorek
T. +48 (22) 576 51 58
E-Mail: magdalena.wesierska-wieczorek@coface.com
 
   
 Journalist läser om Kreditförsäkring
This site contains various resources that may interest you, such as:
- Key figures
Our vision
- Group activity report
- Group news and press releases
- Economic publications