News

16/04/2018

KRUK finalizes the takeover of the third-party debt collection company in Italy

KRUK has signed a contract to acquire 51% stake in Agecredit srl based in Cesena, operating on the Italian third-party debt collection market. The transaction will strengthen the development of the key segment of Group's operations –...

10/04/2018

KRUK increases investments in Poland

In the first quarter of 2018, KRUK invested over PLN 125m, of which two-thirds were bought in Poland, in new debt portfolios with a total nominal value of PLN 600m. The number does not include portfolios purchased at two debt auctions in Poland won...

29/03/2018

KRUK successful in the next auction in Poland

KRUK has won another auction to buy two portfolios from one of the biggest banks in Poland. The first portfolio with nominal value of PLN 147m contains consumer cases. The second one is a corporate portfolio with nominal value of PLN 187m. This is...

28/03/2018

KRUK looks to acquire a debt collection firm and develop credit management business in Italy

KRUK has been notified of the acceptance of its binding offer to acquire 51% of shares in a company operating on the Italian market of fee-based debt collection (credit management). The offer assumes a target holding of the company’s entire...

24/03/2018

KRUK continues to buy in Poland

KRUK won another auction for a big portfolio from a Polish bank, consisting of consumer and SME cases. The nominal value of the portfolio is PLN 400m, 70% consumer. This is one of the biggest investments made by KRUK on the Polish market in recent...

23/03/2018

CEO's letter: Time to pursue the most ambitious goals

The letter presented below is a part of Directors' Report on the Operations of the KRUK Group in 2017 Dear All, To me KRUK’s business is like a long distance run. For example, a marathon or a triathlon, both of which I...

19/03/2018

Strong performance and expansion in Western Europe

KRUK, the Polish leader of Central Europe’s debt management market, has published its performance figures for 2017: Recoveries from purchased debt portfolios amounted to PLN 1.4bn, up 38% year on year. More than half of that sum was...

06/03/2018

KRUK plans to pay dividend and is ready to consolidate Polish debt market

The KRUK Group, one of the largest debt management companies in Central Europe, plans to pay PLN 94 million in dividend, or PLN 5 per share. This would be one third of the estimated preliminary* net profit reported by KRUK for 2017 and the highest...

10/01/2018

KRUK in 2017: PLN 1.4 billion in recoveries and almost PLN 1 billion investments across seven European countries

Recoveries from KRUK’s purchased debt portfolios in 2017 amounted to PLN 1.4 billion, up by 38 per cent on the previous year, representing the Group's all-time record. At the same time, KRUK invested PLN 976 million in new debt portfolios...

29/10/2017

KRUK after Q1-Q3 2017: Robust net profit, recoveries of nearly one billion and new investments

The KRUK Group, Polish leader in debt management in Central Europe, has published its financial results for the first three quarters of 2017. The Group generated a net profit of PLN 291.3m, representing 117% of the net profit figure it...