Archive

20.07.2010

EOS Group enters into cooperation with subsidiary of the Chinese Ministry of Commerce, CreditCN

Hamburg / Beijing, 20 July 2010 – As of 19 July 2010, the international EOS Group, an Otto Group company, entered a strategic cooperation with CreditCN Business Consulting Ltd. Both companies agreed to found ‘EOS CreditCN Credit...

30.06.2010

IFC Partners with EOS to Tackle Nonperforming Loans in Central, Eastern Europe

Moscow, Russia—IFC, a member of the World Bank Group, today announced that it will partner with EOS Group of Hamburg, Germany to address the growing problem of nonperforming loans in Central and Eastern Europe and help restore...

04.05.2010

EOS Group acquires True North AR in the U.S.

Hamburg – As of 30 April 2010, the international EOS Group, an Otto Group company, acquired 100 per cent of the stakes in the U.S.-American company True North AR, LLC. Established in 1968, True North provides healthcare revenue...

09.11.2009

‘A’ rating for EOS consolidated

Hamburg – For the fifth time in succession, Euler Hermes Rating GmbH has awarded an ‘A’ rating to EOS consolidated. This means that the agency regards the company’s credit standing as well above the average that prevails in the...

23.10.2009

EOS takes over shares of WCF Finetrading, the commodities prefinancing provider

Hamburg / Munich – On 21 October 2009, EOS Finanzholding took over 51 per cent of the shares of the commodity purchase prefinance provider, WCF Finetrading AG, from ii invest Holding GmbH. The company offers small and...

19.10.2009

Fifth International EOS Congress in Berlin was well-attended

Hamburg – Current developments in the financing sector, challenges facing receivables management, and cross-border payment transactions were the focal points of the Fifth International EOS Congress in Berlin’s Swissôtel on 15 and...

08.09.2009

Banco Pastor Group sells Acción de Cobro to international receivables management company EOS Group

Hamburg / A Coruña – The Spanish Banco Pastor Group and the international EOS Group have reached an agreement by which EOS will acquire 100 per cent of the stakes in Acción de Cobro. Both parties have signed the contracts...

24.08.2009

Fifth International EOS Congress in Berlin: ”Financial market 2009 – Nothing is more constant than change”

Hamburg – In times of crisis, efficient receivables management takes centre stage. Which receivables management measures have the desired effect in difficult financial situations? How do I secure my company’s liquidity? These are...

14.08.2009

EOS Group remains on course of growth

Group sales grow by 22.2 per cent to EUR 297.4 million in 2008/09 / Germany remains most important market / Impact of the international financial crisis dampens future expectations for Eastern Europe

31.07.2009

EOS Five Nations Survey 2009 ‘European Payment Practices’:

Payment behaviour investigated in Bulgaria, Germany, the United Kingdom, Switzerland and Hungary.

High proportion of payments paid punctually in Switzerland and Germany / Comparatively small proportion in Hungary and Bulgaria /...

27.07.2009

EOS Five Nations Survey 2009

‘European Payment Practices’: Companies are concerned about a decline in payment behaviour and an increase in insolvencies: In the five-nation comparison: Short payment period of 25 days / Regional variations in payment behaviour...

21.07.2009

EOS comments on modernization of enforcement and debt recovery law

Hamburg, 16 July 2009 – The EOS Group, an Otto Group subsidiary, welcomes both the laws which the German Bundesrat (upper house of parliament) approved on 10 July 2009. For one thing, movable objects that were seized as part of...

30.04.2009

EOS analyses: landline has priority
Debtors are easier to reach on the landline than by mobile

Hamburg – Creditors find defaulting payers easier to reach over the landline than on their mobile phones. This was revealed by an analysis by the financial services provider EOS Group of around 13,000 assignments handled over the...

28.04.2009

EOS Group opens new company in Croatia

Hamburg / Zagreb – As of 1 March 2009, the EOS Group, an Otto Group company, entered the Croatian market. The new local company EOS Matrix d.o.o. offers debt collection, debt purchase as well as collection training and consulting...

21.01.2009

EOS Group acquires remaining shares in EOS Payment Solutions

Hamburg – As per the end of December 2008, the EOS Group acquired an additional 49 per cent of the shares in EOS Payment Solutions GmbH & Co. KG from Albis Finance AG. This means that the company, in which EOS acquired a 51...

19.01.2009

Rheinland Technical Control Board certifies financial service provider EOS KSI

Hamburg - At the end of 2008, TÜV Rheinland (Rheinland Technical Control Board) certified EOS KSI, the financial services provider, as a particularly quality-conscious company. EOS KSI is one of the few providers within the...

14.01.2009

Number of young debtors declined in 2008

Hamburg – Young people were less indebted in 2008. This is the result of the EOS survey on the social structure of debtors, which has been carried out annually by the financial services provider EOS since 1996. 1240 people...

05.12.2008

EOS acquires Rochester Credit Center in the U.S. (RCC)

Hamburg / New York, 8 December 2008 – As of 1 December 2008, the EOS Group, an Otto Group company, acquired 100% of the assets of the U.S.-American debt collection company Rochester Credit Center, Inc. (RCC), d/b/a The Credit...

05.11.2008

EOS Analyses: east-west gap in levels of indebtedness

Hamburg, 5 November 2008 – The average outstanding payment in Germany is about EUR 2400 and varies considerably from region to region. A regional evaluation of 4.5 million private debtors with total debts of over EUR 11 billion...

24.10.2008

EOS Analyses: women pay better than men

Hamburg, 27 October 2008 – The probability that bills will get paid is higher if the defaulting payers are women. This was the finding of an analysis of 50,000 telephone calls that EOS Group employees conducted with EOS clients’...

21.10.2008

EOS welcomes planned amendment in insolvency law

Hamburg, 22 October 2008 – The international financial services company EOS welcomes the German Federal Government’s plan to modify the term over-indebtedness in relation to insolvency law. In future it will no longer be...

25.09.2008

EOS Group acquires Inkasso Arena AG in Switzerland

Effective retroactively from 1 July 2008, the EOS Group, a subsidiary of the Otto Group, is acquiring 100 per cent of the shares in the Swiss company Inkasso Arena AG. The transaction was signed and sealed by the two companies in...

16.09.2008

EOS Group fulfils income and sales expectations in the 2007/08 financial year

Hamburg, 16 September 2008 – The EOS Group can look back on a successful 2007/08 financial year. All in all, the Hamburg-based international financial services provider increased its group sales by some EUR 12.1 million to EUR...

10.09.2008

New EOS company xplosion interactive offers targeting solutions

Hamburg/Munich, 10 September 2008 – xplosion interactive GmbH, a Munich-based company that markets selected premium websites and is focused on targeting, began operations on 1 July 2008. The EOS Group has a majority stake in the...

29.04.2008

EOS four-nation survey 2007. Payment practices in Europe: Varying growth rates

Hamburg, 29 April 2008 – The national economies of Greece, Poland, Romania and Russia are growing dynamically – but in some cases under very different conditions and with their own special cultural characteristics, as is clearly...

18.04.2008

EOS four-country survey 2007. European payment habits: every country pays differently

Hamburg, 21 April 2008 – Long credit terms are no guarantee of punctual payment. This is just one of the findings of the EOS four-nation survey of ‘European Payment Habits’ in 2007.

17.03.2008

The result of the EOS Financial Panel: banks were already being noticeably cautious about granting loans at the end of 2007

Hamburg, 17 March 2008 – As early as November 2007, German banks were already showing greater caution about granting loans as a consequence of the US mortgage crisis. This is one of the findings of the current EOS Financial...

30.01.2008

Socially deprived debtors benefit from the upturn on the employment market

Hamburg, 30 January 2008 – In 2007, the proportion of socially deprived debtors fell for the first time in five years. The figure decreased by 1.7 percentage points from 54.5 per cent to 52.8 per cent, indicating a reversal of...

10.01.2008

EOS acquires 51 per cent stake in marketing services provider CoXulto

Hamburg / Stuttgart, 10 January 2008 – As of 1 January 2008, the EOS Group, an Otto Group company, holds a 51 per cent stake in the direct marketing specialist CoXulto. The cooperation effectively combines the competencies of...

30.11.2007

Fortis and EOS enter into a partnership in debt collection

Brussels / Utrecht/ Hamburg - Fortis Consumer Finance and EOS have reached an agreement by which EOS will acquire 50% joint control of Aremas, a subsidiary of Alpha Credit, part of Fortis Consumer Finance. Together, the new...

13.11.2007

Four new Haufe pocket financial guides now in the bookshops

Hamburg – Their topics: international collection, litigation default proceedings, insolvency proceedings and factoring.

Shortfalls in payment are among the most common causes of corporate insolvency in Germany. That’s one reason...

19.10.2007

Record number of visitors at 4th International EOS Congress

Berlin – Opportunities and risks inherent in the international networking of financial markets, and the current credit crisis and its consequences for Europe were the focus of the 4th International EOS Congress on 17 and 18...

29.08.2007

EOS Group’s successful financial year exceeds expectations

Hamburg

- Sales for 2006/07 up by 13.4 per cent to EUR 231.1, EBIT up by 11.9 per cent

- Cash flow management and information management grow by more than 40 per cent

- Two new companies broaden service portfolio

21.08.2007

EOS Group expands into Russia

Hamburg

- Cooperation with largest Russian mail-order company PPE Group

- Business operations to begin in spring of 2008

- Only a few small companies on Russian debt collection market until now

27.02.2007

EOS Group with new group structure

Hamburg

- Partition into five business units: Finance, Germany, USA, Western Europe and Eastern Europe

- New additions to the Board

25.01.2007

EOS Group stakeholder in payment service provider

Hamburg On 1 January 2007, the EOS Group – an Otto Group company – acquired the controlling interest of the company Albis Zahlungsdienste GmbH & Co. KG. The Albis Finance AG company offers services relating to payment processes...

07.09.2006

EOS Group increases sales to more than EUR 200 million in financial year 2005/2006

Sales up by almost 3 percent – in spite of difficult market conditions

Capital ratio increases by 8.5 percentage points

Successful expansion in Eastern Europe

14.09.2005

Successful results

Hamburg, 14.09.2005.

19.07.2005

Expansion to south-eastern Europe

Hamburg, 19.7.2005.

EOS Group acquires majority stake in Greek financial services company Europe Matrix

27.09.2004

Quality seal for financial services

Hamburg, 27.9.2004. EOS Holding has changed its appearance, thus giving the starting signal for the conversion of the previously different brand images within the Group.

07.10.2003

Cooperation with Microsoft Business Solutions - Professional Credit Management for all Decision Makers

Bad Rappenau, 07. Oktober 2003

26.09.2003

Create more space for investments – use alternative forms of financing

Berlin, 26. September 2003

17.09.2003

Fresh Wind in crusty financial relations

Berlin, 17. September 2003.

17.09.2003

Small and Medium-sized Businesses must budge

Berlin, 17 September 2003. ‚There is a fierce battle taking place in the production branch for best location and ... the cheapest offer wins’ establishes Prof. Dr. h.c. Lothar Späth at today’s press breakfast taking place on the...

14.05.2003

Quo vadis financing of small and medium-sized businesses

“Impulse” business-seminars tell of new means for safeguarding liquidity

24.10.2002

EOS-group and Walter TeleMedien-Gruppe cooperate

Integrated customer and claims management achieves speed and flexibility

11.07.2002

Basel II spells the end for of present-day bank financing

Germany's negotiating successes in Basel II do not solve the acute financing problems facing small and medium-sized businesses / Banks are withdrawing from financing small and medium-sized businesses / Boom for financial services...

04.12.2001

Basel II signals the end of present-day bank financing

Hardest hit are business customers of savings banks - Banks withdraw from the business customer sector -Boom predicted for the financial services sector

09.10.2001

Online Book Trade Stagnates

Online shops so far have no impact on non-moving sales - RPM boosts bookshop chains - Market concentration in the Internet on the up

23.02.2001

From European Leader to Global Player for Financial Services

From European leader to global player for financial services

Hamburg-based EOS group buys out the American company Collecto - Advancement into the international top ten / Worldwide network now consists of 20 financial service...