Tag "Coface"
Coface: the region’s mammoth companies achieved growth in difficult times
Date: 2024-11-19 12:54:19
The countries of the Central and Eastern European region performed poorly last year: the region’s aggregate GDP grew by just 0.7 percent year-on-year, the weakest figure of the current century....
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Coface: Minimal GDP growth in the region, insolvency also increased
Date: 2024-05-16 12:50:13
As a result of the economic downturn, the number of corporate insolvencies – i.e. liquidation and bankruptcy proceedings – increased dramatically in Central and Eastern European (CEE) countries during the...
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How stable are the biggest companies in these turbulent times? Mol is on the podium again
Date: 2023-11-21 12:00:58
Although the companies have recovered from the negative effects of the coronavirus epidemic, at the beginning of the year the challenges of the Central and Eastern European region meant continuous...
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Coface: An unfavorable turn has occurred in the economies of the region, including in Hungary
Date: 2023-05-17 12:00:47
While the number of insolvent companies decreased in the Central and Eastern European region in 2020, it increased in 2021 and then accelerated in 2022, according to the analysis of...
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Coface: The number of insolvency proceedings in Hungary has increased
Date: 2023-04-05 08:22:10
Almost twice as many liquidation proceedings were initiated against Hungarian-based companies in 2022 than a year earlier, according to an analysis by Coface, one of the world’s largest credit insurers....
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Coface: what to expect on the Hungarian fuel market?
Date: 2022-10-20 09:36:57
European countries have already faced rising inflation, but prices may get another boost – according to the analysis of the credit insurance company Coface, in which the development of raw...
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Coface reported a not very positive situation
Date: 2022-07-20 09:50:47
In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...
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Coface: Insolvency situation in the region has deteriorated
Date: 2022-05-25 10:03:06
After declining in 2020, the number of corporate insolvencies increased in 2021 in Central and Eastern Europe (CEE), almost reaching pre-epidemic levels in most countries, according to a recent analysis...
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Coface: Economy under double press: Russian-Ukrainian crisis could lead to stagflation
Date: 2022-03-13 11:20:35
The escalation of the conflict in Ukraine and the invasion of the latter by the Russian military on 24 February has triggered turmoil in the financial markets, and drastically increased...
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Hungary has been upgraded by Coface credit insurance
Date: 2021-11-04 11:24:41
Coface upgraded the Hungarian economy, so that instead of the previous A4, it now has an A3 rating, which is the same as in Slovakia, the Czech Republic and Poland,...
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Coface: could grow faster this year than previously expected in the global economy
Date: 2021-08-04 11:11:36
The global economy could grow by 5.6 percent this year, up from the previously expected 5.1 percent, according to the latest forecast from credit insurer Coface. In the communication sent...
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Coface: the Hungarian economy may expand by 4 percent this year
Date: 2021-02-18 11:35:13
After the economic shock caused by the pandemic, the world economy may expand by 4.3 percent in 2021, and Hungarian GDP may grow by 4 percent, according to the forecast...
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Coface: growth in the region may slow in the coming years
Date: 2019-10-22 11:20:47
Although the Central and Eastern European region’s GDP growth is impressive at EU level, growth may slow in the coming years, with regional GDP rising by 3.6 percent in 2019...
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Coface: the Central and Eastern European GDP may expand by 3.6 percent this year and 3.2 percent next year
Date: 2019-09-09 11:23:04
GDP in Central and Eastern Europe is growing at a slower rate than last year, with GDP rising 3.6 percent this year and 3.2 percent next year – according to...
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Coface: 71 Hungarian companies in the regional top 500
Date: 2018-10-19 11:15:25
A total of 71 major Hungarian companies are listed on the list of the 500 largest companies in the region, which are listed on a yearly basis, and Hungary is...
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The number of large Hungarian companies grew in Coface’s regional top list
Date: 2017-10-17 11:12:13
Last year, the 500 largest companies in Central and Eastern Europe achieved revenue of 580 billion euros, 0.6 percent less than a year before, their net profit declined by 3.1...
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Coface upgraded Hungary
Date: 2017-10-11 11:50:59
Hungary has been upgraded by Coface. The credit insurer justified its decision because of the economic growth and the improvement of the business environment. According to Coface’s Thursday announcement, following...
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Coface: favorable prospects in the Central European Region
Date: 2017-05-02 11:14:01
It is expected that the Central and Eastern European countries this year will reach a GDP growth excessing the economic performance of the Western European countries – the Coface’s international...
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Coface: the number of insolvent companies may reduce this year in Central and Eastern Europe
Date: 2016-10-05 11:20:29
The number of insolvent companies may decrease by 5.3 percent this year in the Central and Eastern European region, due to more favorable economic environment – according to the recent...
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Coface: Hungarian companies achieved the highest growth among the regional companies
Date: 2016-09-01 11:11:08
The Central and Eastern European region's five hundred largest companies last year generated revenues of 593 billion EUROS, which is a 4.2 percent increase in an annual comparison. According to...
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Coface: internal consumption is the engine of economic growth in Hungary
Date: 2016-05-27 11:40:11
In Hungary, the engine of economic growth will be primarily internal consumption, mainly due to the decline in unemployment, the increase in disposable income – according to the fresh analysis...
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TOP 500 regional companies: Hungary is in the forefront in terms of revenue growth
Date: 2015-08-31 11:32:02
The Central and Eastern European region's Top 500 companies generated a turnover of 572 billion euros in 2014, which exceeds even half of the aggregated 2014 nominal GDP of those...
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The Coface is expecting a 2.3 percent GDP growth in Hungary
Date: 2015-01-27 12:00:57
This year, a 2.3 percent GDP growth is expected in Hungary. The Hungarian economy is only moderately affected by the strenghtening of the Swiss franc, due to the fixing fixing...
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