GRUPO CATALANA NOM.EO-,30

The Atradius Payment Practices Barometer shows that 87 percent of German companies surveyed report payment delays in B2B business and 10 percent record bad debts of five percent or more of their invoice volume. Rising insolvencies and more expensive bank loans are increasing liquidity pressure and straining supply chains, prompting many suppliers to limit payment terms to a maximum of 30 days. Companies expect continued high payment risks for 2026/2027 and, according to Atradius, should actively secure liquidity, manage credit limits and insure receivables. » Altro su finanzen.net

Atradius reports increased insolvencies in the construction trade (3,174 insolvencies Jan–Oct 2025, +9.3%) and criticizes that the billion-euro special fund has so far had little effect in the industry. Brake factors include complex approval processes, rising material prices and a persistent shortage of skilled workers; housing construction remains particularly problematic, with only about 220,000 homes completed instead of 400,000. Oxford Economics expects a slight recovery in 2026 (construction output +1.4%, housing +1.1%, non-residential construction +2.4%, civil engineering +1.2%), but capacity bottlenecks could delay the execution of additional orders. » Altro su finanzen.net

Atradius projects up to 30,000 corporate insolvencies in 2026 and up to €65 billion in claim defaults. The sectors most affected would be automotive suppliers, the steel/metal industry and construction. Atradius cites ongoing structural problems and a "polycrisis" of high commodity and energy prices, weak domestic demand, higher interest rates and supply bottlenecks as causes. Improved insolvency procedures, digitization, StaRUG and early risk detection through credit insurance can, in Atradius’s view, facilitate restructurings and limit risks. » Altro su finanzen.net

Moody’s has raised Grupo Catalana Occidente’s long-term issuer rating from Baa1 to A3 and changed the outlook from positive to stable following Spain’s sovereign upgrade. The upgrade reflects the financial strength and diversification of the Atradius and Occident business segments; GCO reported a consolidated net profit of €414.8m for H1 2025 and a Solvency II ratio of 236%. Moody’s cites better geographic diversification, higher capitalization or a further sovereign upgrade as potential upgrade drivers; risk factors include increased concentration in Spain, materially lower capitalization or a deterioration in business risk. » Altro su de.investing.com