Kruk wins first tender in Spain

Debt collector Kruk has won a tender in Spain for the acquisition of a debt portfolio worth €3 million from BIGBANK Consumer Finance. The company wants to increase its presence on the market and is participating in other auctions. "The first tender won in Spain is not spectacular in terms of its value, however, it is a big step towards  expansion on one of the biggest debt markets. We want to increase investment on that market," said Piotr Krupa, CEO of the company. Kruk buys debt portfolios on seven European markets: Poland, Romania, the Czech Republic, Slovakia, Germany, Italy and Spain.