Sector: Financial Services (debt collection)
Main location: Lviv, Ukraine
Investment date: June 2010
Exit date: January 2019
Investment cost: I
In June 2010 Abris has partnered with Janusz Tchorzewski, a leading Polish financial sector entrepreneur to invest into the Ukrainian NPL market, helping banks and utility companies manage their bad debt portfolios.
Since then, PrimoCollect has become the leading debt collection business in Ukraine with ca. €500 million worth of unsecured consumer debt (face value) in purchased portfolios. In the late 2012 the company opened an office in Moscow, and is currently actively growing its base in Russia.
PrimoCollect employs 700 people across offices in Lviv, Kyiv and Moscow.