News

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...

10/10/2017

KRUK after three quarters: rising investments and almost PLN billion in recoveries

In the first three quarters of 2017, the KRUK Group invested PLN 767m in new debt portfolios. Recoveries in the period, mostly in foreign markets, reached PLN 994m, accounting for more than in the 2016 full-year result. In the first three...

29/09/2017

KRUK wins auction to purchase large debt portfolio in Poland

The KRUK Group has won an auction to purchase a major portfolio of unsecured retail debt with a nominal value of close to PLN 420m from Getin Noble Bank S.A. “This is KRUK’s largest transaction in Poland this year and one of...

05/09/2017

KRUK in H1 2017: Record net profit of PLN 217m and half a billion złoty of new investment spending

The KRUK Group, Polish leader of the debt management market in Central Europe, has published its performance figures for the first half of 2017. The Group reported a net profit of PLN 217.0m for the first half of 2017, up 95% year on year,...

07/07/2017

KRUK invests half billion polish zloty in H1 2017 and reports highest recoveries ever

In the first half of 2017, the KRUK Group invested more than PLN 0.5b in the purchase of debt portfolios. Transactions effected outside of Poland represented the largest share in the Group’s purchases. At the same time, investments made in the...

04/07/2017

KRUK with new financing for growth in Europe

The KRUK Group, present in seven debt management markets in Europe, has signed another agreement for a revolving credit, for the first time with an international syndicate of four banks: Norway’s DNB Bank and Poland’s, Bank Zachodni WBK,...