News

04/12/2018

The Management Board of KRUK decided to conclude the revision of the strategic option in which KRUK took into consideration two parallel scenarios: (1) to remain as a public company and to continue working for current shareholders, (2) to obtain...

28/10/2018

KRUK steps up investments in Q3

KRUK S.A. has published its financial results for the first three quarters of 2018: Net profit for Q1−Q3 2018 reached PLN 279m, representing 95% of the full-year figure reported for 2017, with net profit margin at 31%. In Q3 alone net...

07/09/2018

KRUK ends first half-year with record recoveries and increased investment activity in Poland

KRUK has published its H1 2018 results: In H1 2018, recoveries amounted to PLN 763m, which represented 56% of the recoveries figure for the previous year. In the second quarter alone, KRUK recorded recoveries of PLN 400m, the best quarterly...

26/04/2018

KRUK in Q1 2018: Growth based on solid foundations

KRUK has published its Q1 2018 results: The KRUK Group earned PLN 90.7m in net profit, one of the best results on record. The figure represents 31% of the net profit posted for the full year 2017. Recoveries from purchased debt portfolios...

16/04/2018

KRUK with approved prospectus for public bond issues

Polish Financial Supervision Authority (KNF) approved prospectus of the 5th Public Bond Issue Program. On the basis of the prospectus KRUK will be allowed to issue bonds within one year from the date of approval. The nominal value of the whole...

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...