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A company with exports representing at least 25 per cent of its turnover within 2–3 years of its formation – this is a born global company. But how common is the phenomenon – and what societal effects does it yield? New research shows that we should lower the expectations for born global companies.
Born Globals – myth or reality?
EKN has decided to downgrade Nicaragua from country risk category 6 to country risk category 7. "The political unrest has affected the economic situation in the country in a very negative way," said André Lundvall, Country Risk Analyst at EKN.
EKN downgrades Nicaragua
Year-on-year, the volume of guarantees issued by EKN doubled for the period from January to August 2018. At the same time, the guarantee volume for small and medium-sized enterprises increased 26 per cent.
EKN doubles guarantees issued