Numerous challenges for companies in cee result in an increased number of insolvencies04/27/2023
Corporate insolvencies in Central & Eastern Europe (CEE) increased in 2022 due to high prices when it comes to energy, inputs, series of prompt interest rate hikes, the highest inflation in decades and the uncertainty related to the war in Ukraine.
Eight countries experienced a higher number of insolvencies (Bulgaria, Croatia, Hungary, Latvia, Lithuania, Poland, Romania and Serbia), and four countries recorded a decrease (Czech Republic, Estonia, Slovakia and Slovenia).
After a drop in insolvencies in 2020, proceedings increased in 2021 and accelerated in 2022.
A further tightening of the oil market04/18/2023
In early April, Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman announced combined oil output cuts of more than 1.1 million barrels per day (b/d), surprising the markets. This commitment follows a first production cut announced in October 2022 by OPEC+. It comes in addition of Russia's decision to cut output by around 500,000 b/d in reaction to the implementation of a EU ban on seaborne imports of Russian oil and oil products.
Read our press release here for more.
Coface x Rel8ed: "Nowadays, Data Science is a key component of Risk Management"04/06/2023
Recently acquired by Coface, Rel8ed is a specialized data analytics boutique, which develops innovative solutions leveraging Big Data and AI. How can our trade credit insurance and Business Information clients benefit from the pooling of expertise? Bob Lytle, General Manager and founder of Rel8ed, shares more here.
The agreement on cereal shipments in the Black Sea will not be enough to solve all the challenges of the agri-sector in 202304/05/2023
Although the agreement concerning the cereals transit in the Black sea has contributed to ease the pressure on cereals supply, its effects are limited and grey areas on the food security of many countries persist.
> Read our analysis.
FY-2022 results: record net income at €283.1m and 80% pay-out ratio02/16/2023
Coface releases its FY-2022 results: record net income at €283.1m and 80% pay-out ratio
From excessive pessimism to excessive optimism - Coface Barometer Q4 202202/06/2023
2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Second, the prospect of a rebound in China in the second half of the year, also raises hopes for the global economy. In this context, Coface's risk assessments have changed only slightly, with 5 changes for country risks and 16 changes for sector risks. Discover which ones in our latest barometer.
Recession, inflation, Ukraine, China, monetary policy... 2023 as seen by Jean-Christophe Caffet, Coface Chief Economist01/12/2023
The French media Wansquare asked a panel of economists and leaders of large companies to give their forecasts for 2023. Read the answers Jean-Christophe Caffet, Chief Economist at Coface, gave them.
Faculty of Economics
The Faculty of Economics University of Belgrade is a renowned academic institution dedicated to the education and research work in the field of economics. Its primary objective is to disseminate knowledge, develop scientific disciplines and provide future experts with the competence and skills required by the contemporary economic development and market economy.watch more
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