Locked content Kruk may buy PLN 1 bln debt portfolio in Spain

Debt collector Kruk has been chosen as the most favorable buyer of unsecured retail receivables portfolio in Spain. The nominal value of the portfolio is €230 million (PLN 1 billion), the company said. The portfolio consists of over 100,000 consumer claims, and the seller is one of the largest finan...

Locked content GetBack acquires €637 mln debt portfolio in Spain

WSE-listed debt collector GetBack acquired debt portfolios with a combined nominal value of €637 million from an unnamed Spanish bank, the company said in a market filing. This was the first such purchase in Spain for GetBack. The portfolio consists of some 186k cases of personal unsecured claims. B...

Locked content GUS: food exports to Spain soar

The Central Statistics Office of Poland reported on Monday that Polish exports to Spain had increased during the first six months of 2016 by 11 percent y/y, reaching PLN 2.7 billion. The result was largely due to the rise in food exports to Spain, which soared by 27 percent y/y.  The report mentione...

Locked content Spain is largest Polish pharmaceuticals importer

In nine months of 2014, Spain imported PLN 1.37 billion worth of Polish pharmaceuticals, Puls Biznesu daily reported. The Spanish bought 80 percent more Polish medicines in three quarters of 2014 than in the entire 2013. Spain became the largest importer of pharmaceuticals manufactured in Poland, th...

Locked content Comarch eyes expansion in Spain and Latin America

Polish IT group Comarch has opened an office in Madrid, the company said in a statement on Monday evening. The unit is meant to be an outpost for expansion both in Spain and in Latin America. The Madrid office will focus on potential customers from the financial, telecommunication, services  and com...

Locked content Polish link in Spanish corruption scandal

Luis Bárcenas, former treasurer of the Spanish People’s Party, transferred €130 million from a Polish bank account without disclosing the sum in his financial statement. Prosecutors investigating a major corruption scandal in Spain suspect that this operation was part of a money-laundering procedure...