Locked content Kruk: Majority of Poles to spend PLN 300-500 on Easter shopping

According to debt collector Kruk study, one-third of Poles will spend between PLN 300-500 on Easter shopping, while 20 percent will spend PLN 500-800, and 5 percent of respondents plan to spend over PLN 1,000. Amongst the polled, 14 percent will spend its savings on holiday shopping, while 4 percent...

Locked content Kruk to continue with M&As, sees 10-20% growth in 2017 – CEO

WSE-listed debt collector Kruk is mulling further takeovers both on domestic and foreign market, company’s CEO Piotr Krupa told the Polish Press Agency. “We are looking at next acquisitions on the German, Spanish, Italian as well as the Polish market.” Krupa also expects this year’s net ...

Locked content Kruk adding Spanish market to its operations

Kruk will acquire shares to operate in the area of ​​debt management on the Spanish market, the company said in a press release on Monday. “According to the offer, the issuer will acquire stock [that is] 100 percent free from any encumbrances and third party rights of the shares,” the statement read...

Locked content Kruk looking for acquisitions

In an attempt to increase its share capital, the Polish company Kruk, which specialises in debt collection, is planning to acquire small and medium-sized companies over the next year.  “Kruk is building an organization in Western Europe of debt and liquidity management, and prefers to finance the pu...

Locked content Kruk acquires portfolio on Italian market for €4 bln

Poland’s largest bulk debt collector Kruk has acquired a portfolio with a nominal value of €930 million on the Italian market for € 3.996 billion, the company informed in a market filing. In H1, the company allocated PLN 728 million on debt purchases. The group intends to reach PLN 1 billion i...

Locked content Kruk announces fourth bond program worth PLN 500 mln

Poland’s largest bulk debt collector Kruk is setting up a fourth public bond purchase program of up to PLN 500 million, the company announced in a market filing. According to Kruk’s new program, issues of particular bond series will be carried out within 12 months from the day of prospec...

Locked content Kruk to reach PLN 1 bln in portfolio purchases in 2016 – CEO

Poland’s largest bulk debt collector Kruk plans to spend PLN 200-500 million on debt purchases to end-2016, Kruk CEO Piotr Krupa announced. “There are many projects on all the markets we operate on and it seems that the level of several hundred million zloty is realistic,” Krupa sa...

Locked content Kruk to trade bonds on Catalyst

The board of the Warsaw Stock Exchange has announced that bulk debt collector Kruk will start trading 50,000 AD1 series bonds on the alternative market, Catalyst, on August 22, 2016. The value of each bond stands at PLN 1,000, the bourse informed. Kruk is the largest bulk debt collection company in ...

Locked content Kruk issues third bond program worth PLN 65 mln

Poland’s largest bulk debt collector Kruk has allocated AB3 series 5-year bonds worth PLN 65 million issued in frames of the third public bond purchase program, the company informed. “Kruk issued 650,000 AB3 series bonds with a nominal value of PLN 100 each and with a maturity date of 60...