KRUK´s net profit increased by one third to more...
(WorldNews Europe)

27/04/2017 The KRUK Group, Polish leader of the debt management market in Central Europe, has published its performance figures for Q1 2017. In Q1 2017, the KRUK Group earned PLN 80.1m in net profit, which represents a 32% increase year on year and its best result historically. In Q1 alone, KRUK generated net profit close to one-third of its full-year net profit for 2016. The KRUK Group invested PLN 213.5m (up 234% year on year) in 15 debt portfolios with a total nominal value of PLN 3.8bn. Altogether, 90% of the investments were made abroad - in Romania, the Czech Republic, Slovakia, Germany, and Italy. Recoveries from purchased debt reached PLN 309.3m (up 42% year on year). For the first...