News

08/01/2016

KRUK’s record-breaking quarter and year, with PLN 825m in recoveries

In 2015, recoveries on debt portfolios purchased by the KRUK Group reached PLN 825m, or 116% of the 2014 figure. In Q4 alone, they amounted to PLN 220m, up 7% on Q3 2015. Expenditure on debt portfolios purchased in 2015 totalled PLN 489m, of which...

23/12/2015

KRUK’s successful closing of the P.R.E.S.C.O. portfolio purchase

The KRUK Group has finalised the acquisition of all the shares in Presco Investments S.a.r., together with that company’s debt portfolio on the Polish market. The portfolio comprises 2 million cases with a total nominal value of PLN 2.7bn. The...

04/12/2015

KRUK wins its first auction in Italy

The KRUK Group, a leader of the debt management market in Central Europe, has won an auction to purchase a debt portfolio from the Italian bank UBI (Unione di Banche Italiane), with a face value of EUR 83m, or approximately PLN 357m....

13/11/2015

KRUK to be added to MSCI Small Cap

KRUK (ticker: KRU), leader on the Central European market of debt collection, listed on the Warsaw Stock Exchange (WSE) since 2011, will be added to the MSCI Global Small Cap index as of December 1st 2015. “We have been contemplating the...

01/11/2015

KRUK’s net profit up by 27%

KRUK Group (WSE: KRU), the leader of the debt management market in Central Europe, has published its performance figures for the first three quarters of 2015: Net profit for Q1−Q3 2015 stood at PLN 160.2m, up by 27% year on year....

21/10/2015

KRUK to purchase another large debt portfolio from Poland’s biggest bank

The KRUK Group has won an auction to purchase a mixed debt portfolio with a nominal value of PLN718m from PKO BP. It is the second largest portfolio in terms of nominal value to have been purchased by KRUK this year, and the third largest portfolio...

09/10/2015

Cash recoveries of PLN 600m and new investments on five markets

In the first three quarters of 2015, recoveries from debt portfolios purchased by KRUK reached PLN 605m, up by 14% year on year. In Q3 alone, they amounted to PLN 206m. “With only Q4 before us, we are on the final stretch now, and we are...

18/09/2015

KRUK and P.R.E.S.C.O. in talks over acquisition of 100% of shares in P.R.E.S.C.O.’s Luxembourg-based subsidiary

KRUK, a leader of the debt collection market in Central Europe, and P.R.E.S.C.O., one of leading companies investing in debt portfolios on the Polish and Russian markets, have agreed on the key terms of the acquisition of 100% of shares in Presco...

30/08/2015

KRUK’s H1 2015 profit hits record high of PLN 108m

The KRUK Group (WSE ticker: KRU), Central Europe’s leading debt management company, has published its performance figures for H1 2015: Net profit reached PLN 107.7m, which is more than 70% of that earned in the entire 2014 and the...

29/07/2015

KRUK to buy first portfolios in Germany

The KRUK Group, a leader on the debt collection market in Central Europe, has entered into an agreement to purchase its first consumer debt portfolios in Germany from Commerzfinanz. The open-ended agreement guarantees a flow of approximately EUR...