Spotlight

How did CEE Top 500 companies perform during the pandemic?

How did CEE Top 500 companies perform during the pandemic?

11/22/2021

The 13th CEE Top 500 study provides an insight into the future and summarizes the region’s economic activity for the previous year. Moreover, it describes the condition of the 500 largest companies in CEE by their turnover. This edition describes the struggles of the new Covid-19 pandemic environment as well as how companies adjusted to this new situation. Jarosław Jaworski, CEO of Coface Central and Eastern Europe, explains that “the CEE economies have adapted to the new, pandemic environment, but its positive picture is challenged by the global and European perspective. Central and Eastern Europe’s 500 largest businesses faced a decrease in revenues and an even sharper drop in profits in 2020.” The Top 500 companies' turnover has dropped by 3.3% to 667 billion euros. Average turnover contracted to 1,333 million euros compared to last year’s 1,378 million euros, showing the impact the pandemic has had on the region, but also its resilience and growth potential.

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News

Germany Corporate Payment Survey 2021: Learning to live with the pandemic

09/29/2021

The 5th edition of Coface’s survey on corporate payment experience in Germany was conducted in July and August 2021, with 819 companies participating.

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Coface reports first-half net income of €123.2m, confirming an excellent start to the year

08/12/2021

Coface reports first-half net income of €123.2m, confirming an excellent start to the year. Turnover: €768m, up 7.4% at constant FX and perimeter.

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Is the electric vehicle metals boom sustainable?

07/28/2021

The metals used in electric vehicles, such as lithium, cobalt and copper, are at the heart of the revolution currently taking place in the automotive industry. But imbalances between supply and demand are pushing up their prices, even though the market share of electric vehicles remains modest. In its latest analysis, Coface does not foresee any major changes in these price trends over the next two years.

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Coface Barometer Q2 2021: A two-speed world

07/15/2021

18 months after the start of the pandemic, access to vaccination is now the main factor setting the pace of people's daily lives and the global economy. GDP growth forecasts for 2021 have been revised upwards (+5.6%), but this is mainly the result of positive surprises from the United States. These improved growth prospects are reflected in world trade: after a 5% decline in volume last year, Coface forecasts an 11% increase for 2021.

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Compagnie francaise d´assurance pour le commerce extérieur
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