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Although dynamic, France’s organic food sector could be forced to abandon its original principles in order to increase scale

December 12, 2017
The increasing preference of households for organic food is reflected in the sector’s very strong growth which is expected to exceed €8 billion in 2017

Germany’s corporate payment survey 2017

November 27, 2017
The second annual corporate payment survey for Germany carried out by Coface confirms many of the foregone trends. However, some improvements can be seen (...)

Poland Insolvency Report: Insolvencies and restructuring proceedings still on the rise, despite a robust economy

November 24, 2017
Insolvencies and restructuration proceedings increased by 14% in the first three quarters of 2017 compared to the same period last year. Most sectors experienced an increase in the number of proceedings.

The effects of a "hard" Brexit will be decisive for the innovation capacity and competitiveness of the British automotive industry

November 20, 2017
After an exceptional peak in production of vehicles recorded in mid-2016 (1.02 million unit sales, up 8.5% for the January-August period compared to the same period in 2015), 2017 saw a drop in production of nearly 2% (...)

Embargo on Qatar: Manageable for the time being, but not perennially

November 8, 2017
On June 5 2017, Saudi Arabia, the United Arab Emirates, Egypt and Bahrain (known as the quartet) announced they were breaking diplomatic ties with Qatar (...)

China's ambitions in sub-Saharan Africa: efforts to rebalance bi-lateral relations still needed

November 7, 2017
Almost twenty years after the launch of the first Forum on China-Africa Cooperation, China-Africa relations remain unbalanced. Bilateral trade has leaped over the past ten years (a total of $123 billion in 2016), driven, up to 2014, by exports, which have fallen by 51% since the peak.

Coface 9M-2017 Results: Net income at €55.0m driven by loss ratio improvement, in line with new guidance

October 25, 2017
We now see the full impact of the measures taken in the previous quarters within the Fit to Win strategic plan to drive down the loss ratio, in what is a still favourable economic environment. The net profit for the quarter, at €35m, shows significant progress compared to previous quarters.

Argentine legislative elections: is the continuity of the pro-business direction at stake?

October 18, 2017
The trajectory of Argentina´s economic rebound will be subject to the outcome of the upcoming midterm elections on October 22.

Coface appoints two new regional CEOs to lead Central & Eastern Europe and Northern Europe, effective November 1st 2017

September 29, 2017
Xavier Durand, Coface CEO, commented: “As we focus on executing our strategic plan, Fit to Win, these appointments bring a wealth of experience that helps drive our ongoing revitalisation and transformation into the most agile global trade credit partner in the industry.”

Morocco : Extended payment periods across practically all sectors

September 29, 2017
Morocco Corporate Payment Survey, first half of 2017: Extended payment periods across practically all sectors: 99 days on average in 2017, up from 82 days in 2016

Coface improves its full-year guidance: loss ratio net of reinsurance now seen below 54%, a 4ppts improvement

September 28, 2017
The measures taken by Coface to strengthen its risk infrastructure continue to bear fruit. They benefit from an improving economic environment, as growth in all large regions around the globe is on a positive momentum.

Financing businesses: the bond market is turning into a "spare tyre"

September 27, 2017
Since the early 2000s, corporate debt in the emerging countries has been on a constant rise, with significant acceleration since the 2008 crisis

Country and sector risks: Europe remains the big winner in the world economic upturn

September 26, 2017
World economic growth might not yet be at its highest (2.9% in 2017 and 2018), but there can be no denying that there are healthy signs.

Fitch affirms Coface AA- rating, with an outlook ‘stable’

September 8, 2017
Fitch Ratings affirmed, on September 8th 2017, Coface AA- Insurer Financial Strength (IFS) rating. The outlook is stable.

Infrastructure: the Achilles’ heel of development in Latin America

September 8, 2017
Weak development of infrastructure in the region. Poor record in improving investment rates

Central & Eastern European insolvencies overview

September 7, 2017
Company insolvencies dropped by 14% in 2015 and 6% in 2016

Coface announces CEE Top 500 companies: Automotive & transport sector is the regional leader. Oil & gas continues downturn, losing number one position for the first time

September 7, 2017
2016 – a mixed year for CEE. The labour market boomed, while turnover and net profit of the largest companies decreased by -0.6% and -3.1% / CEE Top 500 companies increased their workforces in 2016. Lower regional unemployment rates / Poland (+3.3% in turnover) remains the biggest player, followed by Hungary (-11.5%) and the Czech Republic (-2.2%) / Sectors: automotive industry up (+8.6% in turnover), oil & gas sector down (-5.6%)