Archive - Press releases

28.04.2011 EOS Group takes over Credirec, a French debt collection company

Hamburg / Paris, 2011-04-28 – As of 28 April 2011, the international EOS Group (www.eos-solutions.com), an Otto Group company, acquired 100 per cent of the …read more

01.02.2011 EOS Group starts new business in Bosnia

Hamburg / Sarajevo, 01.02.2011 – From 1 February 2011 on, the EOS Group (www.eos-solutions.com), an Otto Group company, starts its operative business in …read more

29.11.2010 EOS Group opens new company in Ukraine

Hamburg / Kiev, 29 November 2010 - From December 2010 on, the EOS Group (www.eos-solutions.com), an Otto Group company, enters the Ukrainian market. The new …read more

15.09.2010 Few debts written off in Eastern Europe, better cash flow in Western Europe

Hamburg – Good news for Eastern European companies: they seldom suffer from bad debts. In Russia, companies only have to write off 1.8 % of invoices. In …read more

01.09.2010 EOS Consolidated remains on growth course

Consolidated sales up by 5.6 per cent / Germany remains most important market / Effects of the international financial crisis are particularly …read more

30.08.2010 EOS Consolidated receives ‘A’ rating

Hamburg – For the sixth time in succession, Euler Hermes Rating GmbH has rated EOS Consolidated with an ‘A’. This means that the agency regards EOS’ credit …read more

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 …read more

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 …read more

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 …read more

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 …read more

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, …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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: …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

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 …read more

09.10.2007 Fourth international EOS Congress in Berlin

Hamburg – Is a real estate crisis of US proportions con-ceivable in Germany? How are the booming markets in Eastern Europe de-veloping? What does effective …read more

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 …read more

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 …read more

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 read more

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 …read more

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 …read more

14.09.2005 Successful results

Hamburg, 14.09.2005. read more

19.07.2005 Expansion to south-eastern Europe

Hamburg, 19.7.2005. EOS Group acquires majority stake in Greek financial services company Europe Matrix read more