Intrum announces today that it is reorganising its regional structure combining Spain, Portugal and its newly acquired unit in Brazil, communicated in the Interim Report 24thof July, into a new region to be called – Iberian Peninsula and Latin America.
The new Intrum region takes shape based on the strong cultural, historically and current commercial relationships between Spain, Portugal and Latin American countries, and will be led by Alejandro Zurbano as Regional Managing Director.
“We have been studying Latin American for several years and with a small entry in Brazil we saw a good opportunity to continue to explore and start to test this market. From a historical perspective, Spain and Portugal has a strong commercial relationship with Latin America and the change in our regional structure is a logical step for us based on that”, says Mikael Ericson, CEO & President of Intrum.
Consequently, from this point forward, Intrum Group will be organised according to the following regions:
- Central & Eastern Europe: Austria, Czech Republic, Germany, Greece, Hungary, Poland, Romania, Slovakia and Switzerland
- Iberian Peninsula and Latin America: Brazil, Portugal and Spain
- Northern Europe: Denmark, Estonia, Finland, Latvia, Lithuania, Norway and Sweden
- Western and Southern Europe: Belgium, France, Ireland, Italy, the Netherlands and United Kingdom
Restated pro forma financials according to the new regional structure
For further information, please contact:
Thomas Moss, Group Business Control & Investor Relations Director, tel: +46 8 546 102 02
Louise Bergström, Head of Investor Relations, tel: +46 8 546 103 42