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Axactor signs a 3rd party contract with Endesa, the largest electrical company in Spain

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Oslo, June 15, 2016 - Axactor has signed a new contract with the largest 
electrical company in Spain, Endesa. The three-year contract is expected to 
generate an annual revenue in excess of one million euros.
 
"The agreement is considered a milestone for our third party collection 
business in Spain and underlines our competitiveness in this market space. 
With this contract Axactor will be positioned to capture further market 
shares in this high volume segment", says Juan Manuel Gutierrez, Country 
Manager 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
www.axactor.com

About Axactor
Axactor is a newly established company in the market for credit management 
services. The company has a Nordic base and an ambitious pan-European growth 
strategy, which targets the market for non-performing loans in Europe. This 
market is estimated to about 1,500 billion euros, and Axactor main focus is 
debt collection and purchase of NPL portfolios. Currently, Axactor has 
approximately 600 employees in Spain and Norway.

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