Tag Archives: COFACE

Coface Survey Reveals German Companies’ Payment Trends and Pessimistic Business Outlook

(IN BRIEF) Coface’s latest survey on corporate payment experience in Germany indicates a return to normalcy in payment trends after the disruptions caused by the COVID-19 pandemic and the war in Ukraine. In 2023, more companies offered payment terms, resembling … Read the full press release

Crédit Agricole Partners with Coface to Support International Expansion of Corporate Clients

(IN BRIEF) Crédit Agricole has signed a distribution agreement with Coface to offer credit insurance products to its corporate clients engaged in international trade. The economic slowdown and inflation of the past year have impacted payment behavior, particularly affecting small … Read the full press release

Coface acquires market leader in credit insurance in Slovenia

(PRESS RELEASE) Bois-Colombes, France, 15-Apr-2019 — /EuropaWire/ — Coface supports its strategy of profitable growth in Central & Eastern Europe region with the acquisition of SID – PKZ, the market leader in credit insurance in Slovenia with a high market … Read the full press release

Coface: EU accession of Western Balkans likely to happen as it would counterbalance influence of Russia and China in the region

Bois-Colombes, France, 15-May-2018 — /EuropaWire/ — The European Union – Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists … Read the full press release

Coface: Growing Chinese investments could eventually pose a threat to Japanese corporate interests in the Asia Pacific region

Bois-Colombes, France, 16-Mar-2018 — /EuropaWire/ — According to Coface, China and Japan are becoming competitors for trade and investment in the Asia Pacific region. Coface’s report, entitled “Clash of the Titans: China’s rise fuels competition with Japan’s interests in Asia”, reveals … Read the full press release

Coface launches new customer portal

Bois-Colombes, France, 24-May-2017 — /EuropaWire/ — Coface’s new customer portal and fully revamped CofaNet online credit insurance contract management tool are being launched today. With the new solutions, customers will benefit from innovative features, unique access, customised content, advanced ergonomics, … Read the full press release

Coface: Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017

Coface forecasts that Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017 Government spending is expected to be one of the key growth drivers in 2017 Currency risks and the persistent current account deficit are the main … Read the full press release

Intesa Sanpaolo to loan EUR750m for the construction of natural gas liquefaction plant in Siberia

• Two credit lines have been issued with a duration of approximately 15 years, respectively amounting to 400 and 350 million and guaranteed by the export credit agencies SACE and COFACE • The deal signed with SACE will support a pool of … Read the full press release

Coface announces the appointment of Fredrik Murer as CEO of the North America region

PARIS, 22-Sep-2016 — /EuropaWire/ — Coface continues to strengthen its senior management team, with the appointment of Fredrik Murer as CEO of the North America region. A member of Coface’s Executive Committee, reporting to Xavier Durand, Group CEO, Fredrik takes over … Read the full press release

Thibault Surer joins credit insurer Coface as Strategy and Business Development Director

PARIS, 20-Jun-2016 — /EuropaWire/ — Thibault Surer, 54, joins credit insurer Coface as Strategy and Business Development Director of the Group. The department he will head up covers Strategy, Business Development, Marketing & Innovation. Thibault becomes also a member of the … Read the full press release

Coface announced it is setting up an international network of economists

27-9-2013 — /EuropaWire/ — With one of Coface’s priorities being safer trade for companies, the Group is continuing to develop its risk expertise by setting up an international network of economists in strategic regions (based in Hong Kong, Mainz, Istanbul, Sao … Read the full press release

Coface downgrades its credit risk assessment in three business sectors: chemicals, pharmaceuticals and automotive

Chemicals, pharmaceuticals and automotive: increased credit risks in Europe 27-9-2013 — /EuropaWire/ — The unique indicator (*), developed by Coface economists and based on the payment experience of companies recorded by its underwriters, sends an alarm signal to three of the … Read the full press release

SuperJet International (SJI) delivered its first Sukhoi Superjet 100 aircraft to the Mexican airline Interjet

Le Bourget (Paris), 27-6-2013 — /europawire.eu/ — On the occasion of the 50th International Paris Airshow SuperJet International (SJI) – joint venture between Alenia Aermacchi (a Finmeccanica Company) and Sukhoi Holding – announced the delivery of its first Sukhoi Superjet 100 (SSJ100) … Read the full press release