Intrum Justitia adjusts operational capacity in UK CMS business

Intrum Justitia has completed a review of its operations in UK. The outcome of this review is that Intrum Justitia will increase its focus on the business area Purchased Debt in England. As a consequence; staff in the English operation will be reduced by 247 employees by the end of the third quarter 2009. As previously communicated the Scottish business has been sold. In Ireland the number of employees has been reduced from 40 to 30 and a new management structure is implemented. The cost for the changes in England and Ireland is estimated to be around EUR 4 M, and will be reported as a restructuring cost in the third quarter financial results. For further information, please contact: Lars Wollung, CEO and President Tel: +46 8 546 10 202 Marcel van Es, Regional Managing Director UK and Ireland Tel: +31 653 173 254 Intrum Justitia is Europe’s leading Credit Management Services (CMS) group and offers services designed to measurably improve clients’ cash flows and long-term profitability. Intrum Justitia was founded in 1923, has around 3,400 employees in 23 markets and revenues of approximately SEK 3.7 billion. Intrum Justitia AB is listed on Nasdaq OMX Stockholm since 2002. For further information, please visit

About Us

Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. Intrum helps companies prosper by offering solutions designed to improve cash flows and long-term profitability and by caring for their customers. To ensure that individuals and companies get the support they need to become free from debt is one important part of the company’s mission. Intrum has more than 9, 000 dedicated and empathetic professionals who serve about 80,000 companies across Europe. In 2018, revenues amounted to SEK 13.4 billion. Intrum is headquartered in Stockholm, Sweden and the Intrum share is listed on the Nasdaq Stockholm exchange. For further information, please visit


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