Oslo, 31 July 2017 - Axactor has signed 3 new contracts providing
outsourcing services for 3 large Financial Institutions. The
combined annual contract value is EUR 4.5m and all 3 contracts are
signed on the basis of 12 months, renewable each year.
"These transactions demonstrate the Spanish teams dedication to
developing both Legal and Amicable outsourcing as well as the more
prominent Debt Purchase business. In addition, the timing of these
contracts before the summer break, puts the business in great shape
for the second half of 2017 and into 2018.", says Endre Rangnes, CEO
Axactor
"The Axactor team in Spain is delighted to close 3 separate
contracts with significant FI players in the Spanish market. We have
invested significant time and resources into building new
relationships to complement the existing business, with special
thanks to the new Axactor Spain Sales team demonstrating their value
so quickly after joining the business.", says Andrés López and David
Martín, General 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
www.axactor.com
About Axactor
Axactor Group specializes in both Debt Collection and Debt
Purchasing across several countries, with operations in Italy,
Germany, Norway, Sweden and Spain. 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. Axactor
has approximately 875 employees.