22:22 28 August 2024
Kruk aims to double size by 2029
Kruk's CEO, Piotr Krupa, announced the company's ambitious plan to double in size within the next 4-5 years. The goal is to increase investments in debt portfolios to over PLN 30 billion and expand the customer base from 12.5 million to around 20 million. Kruk plans to invest PLN 13-16 billion over this period, equaling the amount invested in the previous 26 years.
Kruk's H1 2024 net profit reached PLN 602.9 million, up from PLN 528.4 million last year. The company aims to allocate at least PLN 2.5 billion for investments in 2024, primarily in unsecured retail receivables. Krupa also hinted at potential expansion into new markets, possibly targeting business in dollars.
Source: biznes.pap.pl
