Intrum Justitia wins auction process for Polish debt portfolio
Intrum Justitia has won an auction process for a Polish debt portfolio of non-performing consumer loans. The seller is one of the largest banks in Poland and the aggregate outstanding value of this portfolio amounts to approximately PLN 700 M. There is no binding agreement between the parties but the auction process will now be followed by customary contractual negotiations.
For further information, please contact:
Erik Forsberg, CFO
Tel: 46 8 546 102 00
Annika Billberg, IR & Communications Director
Tel: 46 8 546 102 03
Mobile: 46 702 67 97 91
E-mail: a.billberg@intrum.com
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 3,100 employees in 22 countries and revenues of approximately SEK 3.8 billion in 2010. Intrum Justitia AB is listed on NASDAQ OMX Stockholm since 2002. For further information, please visit www.intrum.com