Global Coface services complement our business development strategy
The long-term strategy of Viciunai Group enabled us to strengthen our positions as one of the leading players in the European seafood business.
Due to constant geographical expansion, Viciunai now operates in more than 60 countries around the globe.
At the same time, Group has been increasing its market share in such large, traditional markets as Germany, UK, Russia or Italy.
Following the expansion of sales and distribution network, this year marks heavy investments in increasing our production capacity.
With Coface services, we protect our assets and at same time increase our business
In 2005, we started using collection services by Coface. Name and reputation accelerated the collection process considerably.
Later, we decided to also use information products offered by Coface. First, the economic crises increased bad debt risk and, therefore, influenced our business. In order to control that risk, we needed the right information at the right moment – with products like Portfolio Watch and Payment Monitoring. Second, our customer base grew with new “good customers” – since Coface‘s database contains analyzed financial statements, it provided a unique database for our purposes.
This is a perfect example on how Coface helped to protect our assets and at same time increased our business.
ASBISC-CR is a company trading with computer equipment.
AB Rokiskio suris
We see Coface as a partner that will help us avoid making serious mistakes
We started cooperating with Coface in 2011. We are constantly exploring and expanding to new markets and from this perspective, we see Coface as a partner that will help us avoid making serious mistakes.
Coface’s help in our expansion to the Near and Far East is particularly important. These markets are new for us, and they have their own business traditions and certain special features; we are, therefore, glad that Coface is helping us to develop our business successfully by providing direct services as well as creating added value through advice. This includes indicating what course of action might be more beneficial in the mentioned markets, and helping us to understand where the threats and opportunities lie.
AB Rokiškio Sūris group is one of the largest groups of Lithuanian dairy processing companies.
A quality product that brings added value
Coface is the partner with whom any company would like to work when referring to credit insurance.
The professionalism of their employees, their willingness to really understand the client's business field and to provide a quality product that brings added value alongside the approach of implementing a win-win partnership are just some essential positive aspects experienced during our collaboration with Coface.
JTI is a an international tobacco product manufacturer.
Coface has significantly contributed to avoiding risks
We have been using Coface's insurance services for 5 years now and have always been highly satisfied.
Coface helps us monitor and manage a variety of risks linked to our customer portfolio in the countries where we co-operate. ln particular, they actively supported us in implementing meaningful and effective risk management instruments.
Thus, our partnership with Coface has significantly contributed to avoiding risks we would normally encounter in our day-to-day operations.
Wienerberger is the world's largest producer of bricks.
How Coface credit insurance can help you prevent non-payment of invoices?
- Benefit from the quality and strength of Coface’s prevention;
- Receive personalised advice from a Coface expert present in your market;
- Focus on growing your business.