Romania Debt Collection Market Seen Rising To RON300M In 2012
Romanian receivable management market is likely to reach approximately 300 million lei (EUR68.8 million) in 2012, from around RON230 million estimated for this year, receivable management company EOS KSI Romania said Tuesday.
“If the recession continues into 2012, we estimate debt purchase prices will decline to around 5%, from 8% currently. The debt collection market is expected to increase in 2012,” said Georg Kovacs, general manager of EOS KSI Romania.
In 2010, Romanian debt collection market was approximately RON200 million, according to EOS data.
Founded in 2002, EOS KSI Romania, a unit of Germany’s EOS Group, provides receivable management services to both private customers and businesses.
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