The cover policy which Atradius Dutch State Business maintains for a particular country is in principle valid for every transaction for that country which it is requested to insure.
As vaccination campaigns are underway, the world economy is recovering from the pandemic. Advanced markets generally have higher vaccination rates than emerging markets
The African Continental Free Trade Area has raised opportunities for both African and non-African companies. The agreement could contribute to growth after the negative impact of the Covid-19 pandemic
The recovery of the Dutch construction sector continued in 2016, but there is still overcapacity in the market, and a consolidation has yet to take place.
Uncertainty in the British construction market is expected to increase in the coming years, especially as a ‘hard Brexit’ seems to be most probable.
Italian building cooperatives and smaller companies focused on domestic residential construction remain highly exposed to the risk of business failure.
Future US construction growth could get an additional boost if, as announced, the new US administration invests heavily in infrastructure improvements.
A modest recovery is forecast in the non-residential segment due to stronger private demand and activity picking up in the infrastructure building sector.
Due to the deterioration in demand competition has increased, as builders operate on lower margins in order to obtain the remaining available business.
Private building projects are expected to decrease due to less benign economic conditions and an increased supply completed housing projects and offices.