Busy, eventful, buzzing, decisive, crucial... there has been no shortage of adjectives to describe the year that has just begun. Our central scenario is more akin to a ridge than a boulevard. Check it out now.
Rising interest rates and prices in commodities, global shortage of labour: is the construction sector affected by a crisis on all fronts? The sector is facing many difficulties that we expect to persist this year. However, there are plenty of opportunities for growth, in particular thanks to the growing needs associated with the energy transition.
A long-outstanding debt, unsuccessful internal debt collection efforts, difficult or even unreachable customers... Well, you’re not alone: 80% of companies struggle to collect unpaid debts! When this happens to you, calling on the skills of Debt Collection experts is a winning strategy to get paid before it’s too late. Remember this: 25% of unpaid debts result in bankruptcy.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices in commodities and, first and foremost, the interest rate environment and accessibility of credit, they are currently under strain. And things are unlikely to get any better in 2024.
Trade Credit Insurance is a vast sector, and no one is safe from being misleaded. Watch us debunk 5 myths about Trade Credit Insurance.
In our latest risk assessment, We have elevated Switzerland's rating from A2 to A1 in our risk barometer. This places Switzerland alongside Norway and Denmark with equally low default risk across Europe. The rationale behind this upgrade includes Switzerland's relatively low inflation, resulting in a more tempered response from the Swiss National Bank compared to the European Central Bank. Additionally, Switzerland's export industry has strategically shifted towards less price-sensitive sectors such as pharmaceuticals and luxury goods.