PrimoCollect Group

PrimoCollect Group is a prominent agency specializing in debt collection services across Ukraine, focusing on optimizing debt recovery processes for banks and financial institutions. Founded in 2006, PrimoCollect Group operates as a dedicated agency in the debt collection sector based in Kyiv, Ukraine. The company has maintained its strategic focus on offering customized debt recovery services since its inception. Ewa Zakowicz serves as the CEO, steering the agency towards efficient financial solutions.

In June 2010, Abris Capital Partners invested in the firm, although specific financial details of the transaction were not disclosed. The company has completed one notable deal to date. PrimoCollect Group provides comprehensive debt recovery services tailored to various clients, including banks and telecommunications companies. The agency offers pre-collection services aimed at preventing debt deterioration and post-collection strategies for recovering outstanding debts.

Their methodical approach includes negotiation and legal action, focusing on consumer financing, retail, and services, with aspirations to expand into other Eastern European markets. PrimoCollect Group generates revenue through a fee-for-service model based on debt recovery success. Clients typically enter contracts that specify service fees as a percentage of the collected debts, creating a steady revenue stream. This model fosters long-term relationships with clients, including financial institutions that seek efficient management of their receivables.

In light of its recent investment from Abris Capital Partners in June 2010, PrimoCollect Group aims to enhance its service offerings and expand into new geographic markets. The agency plans to target specific Eastern European regions to broaden its operational footprint. While specific new product launches or release dates have not been disclosed, the funding will support strategic initiatives aimed at optimizing their debt recovery services and entering additional markets.