The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
In both countries the food industry is scoring abroad, as exports have emerged as the main driving force of sales. However, some subsectors face problems.
An uneven match, given that the British ICT industry is doing rather well, while the Russian ICT sector is caught in a downturn, with many insolvencies.
The Spanish chemicals sector shows a strong team performance, while competition is high for Czech chemicals businesses. Producers prices have decreased.
Spain remains a heavyweight in the automotive playing field, while the sector faces troubles in Turkey as domestic demand is expected to decrease further.
In Germany, poor payment behaviour of public buyers is an issue, while in Poland protracted payments are high. Overdue payments up to 30 days are common.
The Belgian machines sector faces some troubles in the construction-related segment. Italian machinery scores abroad, but not yet in the domestic market.
Respondents in the Czech Republic (46.5%) seem to be most convinced that domestic B2B customers use outstanding invoices for their financial advantage.
Hungarian respondents (76%) seem to be the hardest hit by late payment of domestic invoices due to customers’ insufficient funds (64% in Eastern Europe).
30% of respondents in Slovakia (18% in Eastern Europe) consider maintaining adequate cash flow as the biggest challenge to business profitability in 2016.
Turkey has the highest domestic payment default rate in Eastern Europe, with 61.1% of the total value of domestic B2B invoices paid late (55.2% in 2015).
Atradius explores how rising corporate debt in EMEs affects corporate creditworthiness and identifies the most exposed countries and vulnerable sectors.