December 22, 2014 3:57 AM ET

Commercial Services and Supplies

Company Overview of Lindorff Group AB

Company Overview

Lindorff Group AB provides debt-related administrative services to customers in Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lithuania, the Russian Federation, the Netherlands, Germany, and Spain. It offers information services, such as advisory services, scorecard generation and adaption, analysis, personal non-performance, and monitoring and information on individuals and businesses; and invoice services, including invoice administration, subsidiary ledger accounting, invoice printing, payment reminder service, debt collection, and invoice purchasing. The company also provides debt collection strategies and solutions for the follow-up of unsettled claims; international collection ser...

Fyrstikkalleen 1

Skøyen

PO Box 283

Oslo,  0213

Norway

Founded in 1898

Phone:

47 23 21 10 00

Fax:

47 23 21 11 00

Key Executives for Lindorff Group AB

Interim Chief Executive Officer
Co-Founder and Chairman
Age: 49
Chief Financial Officer
Age: 51
Chief Operating Officer
Age: 60
Compensation as of Fiscal Year 2014.

Lindorff Group AB Key Developments

Lindorff Reportedly Not To Develop Business In Russia

The shareholders of Lindorff Group AB have unexpectedly decided not to develop their business in Russia, reported Kommersant newspaper citing several sources. One source said that the Russian subsidiary of Lindorff was told of the decision a few days ago and it came as a complete surprise. Some time ago, Lindorff shareholders approved an expansion plan for the Russian market, but they have changed their minds. The paper said that Lindorff will not officially pull out of the Russian market but the business will be mothballed. Oleg Kogan, Head of Lindorff subsidiary in Russia, said that the company decided to mothball the company because of the risks involved with sanctions. The paper said there are several medium-sized collection agencies on the market looking for a buyer.

Lindorff First Holding AB, Q3 2014 Earnings Call, Nov 26, 2014

Lindorff First Holding AB, Q3 2014 Earnings Call, Nov 26, 2014

Lindorff Reports Earnings Results for the First Quarter Ended March 31, 2014

Lindorff reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported sales of EUR 112 million against EUR 109 million for the same period a year ago. EBITDA was EUR 34 million against EUR 30 million for the same period a year ago. Net debt as on March 31, 2014 was EUR 780 million.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 18, 2014
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