Locked content Bankruptcies down in September – KUKE

The number of bankruptcies in September totaled 33, a decrease of 42.7 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term, the figure dropped by 34 percent. “Despite the continued difficult situation in the construction industry, mainly related...

KUKE sees export growth at 7-7.5% in 2018

The Export Credit Insurance Corporation (KUKE) targets the growth of export from Poland at 7-7.5 percent in 2018. This would be a lower growth slowdown than estimated previously. In March KUKE forecasted export growth at 6-7 percent for this year.

KUKE expects further recovery of yacht exports

Yacht sales are currently only 0.19 percent of the total value of Polish exports, but they are growing regularly and further recovery in this segment of exports is expected, said Katarzyna Kowalska, vice-president of the Export Credit Insurance Corporation (KUKE).

Locked content Bankruptcies in July down 15.5% – KUKE

In July 49 companies went bankrupt, 15.5 percent less versus a year ago, Export Credit Insurance Corporation (KUKE) reported. On a monthly basis, the number of bankruptcies in July fell by 18.3 percent from 60 bankruptcies in June. Assuming economic growth rate of 4.4 percent in 2018 and net turnove...

Locked content KUKE: 1,100 companies will go bankrupt this year

The Export Credit Insurance Corporation (KUKE) estimates that In 2018, about 1,100 companies will declare bankruptcy, up from the previous 1,000 estimation. KUKE bases its forecast on assuming the rate of economic growth in 2018 at the level of 4.3 percent. and increasing the net turnover profitabil...

KUKE: exports growth to slow down to 6-7% in 2018

The Export Credit Insurance Corporation (KUKE) predicts that the growth rate of Polish exports will slow down to around 6-7 percent, KUKE’s CEO Janusz Władyczak said. Last year, according to the Central Statistics Office GUS data, exports increased by 10.2 percent to €203.7 billion.

Locked content KUKE sold PLN 192 mln worth of export insurance last year

Export Credit Insurance Corporation (KUKE) sold PLN 192 million worth of export insurances last year, up by 41 percent y/y. The value of projects insured in KUKE in 2017 amounted to PLN 1.6 billion. “Key investment projects at KUKE relate to various sectors, from services to mining machines,” compan...

Locked content Exports in September up 8% y/y – KUKE

Exports from Poland increased in September by 8 percent y/y and by 7.5 percent m/m, according to export credit insurance corporation KUKE. According to KUKE’s forecasts, exports will increase by 10.4 percent for the entire 2017 reaching €196 billion. In 2018, the value could grow by another 8.4 perc...

Locked content Bankruptcies down 3.4% y/y – KUKE

The number of bankruptcies in September totaled 57, an decrease of 3.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month terms, the figure increased by 7.5 percent. KUKE estimates that some 550 companies will be declared bankrupt in the entire 2017...

KUKE: Exports grew 11.7% in August

Euro-denominated exports in August increased by 11.7 percent y/y amounting to €15.59 billion, the Export Credit Insurance Corporation (KUKE). Compared to July, the value of exported goods and services increased by 5.1 percent. For the whole year, KUKE forecasts a 10.4 percent increase in euro-denomi...