Natural persons’ debts totaled EUR1.08 billion on the debt collection market, while legal entities’ debts stood at EUR169.25 million.
The revenues registered by debt collection companies rose 24% last year, to EUR33.04 million, from EUR26.72 million in 2013, mainly due to a 39% hike in the volume of acquisitions of debts portfolios, and a 22% increase on debt collection on the companies segment, while revenues registered on individuals segment only rose 3%.
The Debt Management Service Association comprises 15 companies which own together around 80% of the local debt management market. They employ approximately 3,000 people.