News and Publications

News and Publications

News

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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DESPITE FIVE YEARS OF MODINOMICS, INDIA CONTINUES TO BE CONSTRAINED BY ECONOMIC FRAGILITIES

04/09/2019

When Narendra Modi ran for Prime Minister in 2014, he pledged to boost the competitiveness of India’s industrial sector to promote growth. Modi will be running for president again in India’s general elections between 11 April and 19 May. The economy is in a better position than it was in 2014, but many of the structural fragilities that Modi inherited continue to afflict India today and a mixed track record in terms of economic reforms has dampened enthusiasm for Modi.

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COFACE LAUNCHES CREDIT-INSURANCE OFFER IN GREECE

04/02/2019

Local companies set to benefit from Coface’s expertise in risk prevention and payment protection.

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MEXICO AND BRAZIL TAKING OPPOSITE DIRECTIONS IN TERMS OF ENERGY POLICIES

04/02/2019

• 2019 will be marked by high volatility in the global oil market
• Brent crude oil price to average USD 65 in 2019, according to Coface estimates
• In Mexico, the financial stress already faced by Pemex might not be contained
• Brazil oil policy is expected to have positive knock-on effect in the medium term

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CHINA PAYMENT SURVEY 2019: LONGER DELAYS AS GROWTH FALTERS

03/22/2019

2018 proved to be a relatively challenging year for China. Growth slowed to 6.6% and is expected to decline further in 2019 (6.2%, according to Coface forecasts). As a result, 59% of the 1500 Chinese companies that participated in Coface’s survey believe the economy will not improve in 2019, the worst since 2003. The situation relating to payment delays also deteriorated. 62% of companies in China experienced payment delays in 2018, with 40% of respondents reporting that they recorded an increase in payment delays, much higher than the 29% registered in 2017.

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T: +370 5 266 01 91 M: +370 655 82 291
giedre.maciuliene@coface.com
   
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