Establishment of Coface Romania, member of Coface Central Europe Holding, operating on the local market within Credit Assessment & Business Information and B2B Receivables Management services.
Coface in Romania
At Coface, we’ve been managing trade credit risk for more than 75 years to support the growth of companies.
Since its establishment in 1996, Coface Romania has contributed to the growth of businesses, both domestic and international, also having an informative and educational role through economic studies and publications.
Coface Romania is the only provider of integrated risk management services on the local market. Our team of experts operate at the very heart of the economy, and support thousands of clients in Romania to take informed decisions in their business development, both internationally and in their domestic markets.
Our over 300 experts give our clients the confidence they need to navigate in uncertain and volatile environment, by offering a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Surety Bonds, Factoring.
Every day, we leverage our unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets
4 good reasons to choose us
Comprehensive know-how based on international expertise and a unique & vast database: these are the reasons why Coface Romania has established itself as a solid player in risk management sector.
- +25years of experience in Romania
- ~50kclient companies worldwide
- +300Experts based in Romania
- 130Mcompanies listed in our database
A global leading player in Trade Credit Insurance
- Our core business for over 75 years
- Protect your company against customer insolvency, late payments and political risks, allowing you to grant payment periods to your customers with confidence.
- Grow your business: optimize your cash flow and safeguard your balance sheets, so you can reassure your financial partners, and easier access to financing.
- Face up economic uncertainties: Coface indemnifies your guaranteed receivables regardless of how the recovery process turns out.
- Cover your commercial and political risks for complex and one-off operations with our Single Risk solution.
Business Information: bring confidence to every decision
- Exclusive insights to trade smarter
We help you find reliable business partners, monitor their financial health and spot weak signals. From Big Data to smart data: gain exclusive insights to make better, more informed decisions at every level. - High-value data enriched by human expertise
As global in trade credit insurance, we can generate exclusive and valuable information, enhanced by our +400 risk experts. You benefit from descriptive data to understand of a company’s situation, (scores, financial information, company links), prescriptive insights (credit recommendations) to mitigate risk exposure and predictive solutions to forecast companies’ creditworthiness (models, algorithms). - A powerful decision-making solution
Best-in-class data, advanced analytics, predictive scoring, models, algorithms: we combine our global expertise and unique data with cutting-edge technology (AI, Data science) to help you steer your bustiness development. Limit risks and open up new growth opportunities! - BI services: Anytime, Anywhere with ease
Access risk analyses and key indicators 24/7 with URBA360, an intuitive digital platform which offers seamless API integration.
Debt Collection: Limit your losses with our solution
- Coface International Debt Collection specialises in effective and efficient, stress-free debt recovery:
- Coface provides a fast and efficient debt collection service whether you are insured or not.Our +300 experts collect your unpaid invoices across the world, acting within the local jurisdiction and with our ~200 international partners, so you can safeguard your relationship with your business partners.
Our innovative solutions
Why should you choose Coface risk management solutions?
Our mission: to support companies in their development by protecting them against the losses arising from non-payment.
- 80%of companies suffer from overdue payments.
- 1 in 4companies going out of business is due to non-payment by customers
- 12Kcredit decisions credit decisions taken by Coface every day
Access all Coface's economic intelligence
Coface boasts recognized expertise in the field of economic research. Every day, in collaboration with our risks and business experts, our economists around the world analyse the dynamics of the global economy.
We offer our clients solid insights through publications and economic studies to help them better assess risks and make the right decisions at the right time: Macro-economic analyses, Country risk assessments, Sectorial assessments, Thematic reports and others.
Our history
2024
Launch of our Power the Core 2024-2027 strategic plan, which aims to expand and strengthen Coface's franchises, with the ambition of developing a benchmark global credit risk management ecosystem.
Online services for customers and brokers
- Customer Portal - Cofanet
Customer Portal - CofaNet
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
- Broker Portal
Broker Portal
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Innovative and digital solutions
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.