Kruk spent PLN 1.3 bln on debt portfolios in 2016

Debt collector Grupa Kruk invested a total of PLN 1.3 billion in 99 debt portfolios, with a total nominal value of PLN 16.1 billion. A similar level of acquisitions will be difficult to repeat this year, CEO Piotr Krupa stated. “In 2016, some two-thirds of our investments were done abroad. Over the past 12 months we purchased debt portfolios from major institutions in seven countries: Poland, Romania, Czechia, Slovakia, Germany, Spain and Italy,” the company said and added that the share of foreign markets in the company’s portfolio should increase in 2017.