Axactor has signed three major third party collection contracts with Financial Institutions in Spain

Axactor has signed 3 new servicing contracts with 2 large Financial 
Institutions and a Large Fund specializing in Receivables management 
and Debt Purchase. The one year renewable contracts have a total 
revenue value of circa five million euros over the next 12 months.

" The Agreements represent a clear indication that Axactor is able to 
provide an effective and comprehensive legal and collection service 
to Financial Institutions, covering Retail, Banking and SME products 
in Spain. The Axactor team is very focused on ensuring they tailor 
solutions to meet each clients specific needs and hope these 
contracts will be the first of many during the current financial 
year." Says Andrés López and David Martín, Country Managers of 
Axactor Spain. 
 
For additional information, please contact:
 
Endre Rangnes, CEO Axactor
Mobile phone: +47 4822 1111
Email: endre.rangnes@axactor.com

or

Geir Johansen, CFO & Investor Relations, Axactor
Mobile phone: +47 4771 0451
Email: geir.johansen@axactor.com

About Axactor
Axactor Group specializes in both Debt Collection and Debt Purchasing 
across several countries, with operations in Spain, Italy, Germany, 
Norway and Sweden. The company has a Nordic base and an ambitious 
Pan-European growth strategy, which targets the market for non-
performing loans (NPL) in Europe. This market is estimated to be 
about 1,500 billion euros across Europe providing significant 
opportunities for Axactor's future expansion. After the latest 
acquisition of Profact AB in Sweden, Axactor has approximately 875 
employees.