ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...
ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...
ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...
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We are<br />
working to promote<br />
healthy payment behavior<br />
throughout Europe<br />
Intrum Justitia has had a good year and<br />
I want to start by thanking all of our<br />
clients, our clients’ customers and<br />
our employees for their strong commitment<br />
and cooperation, which<br />
have enabled us to successfully reach<br />
our goals in 2010!<br />
WHAT VALUE IS<br />
<strong>INTRUM</strong> <strong>JUSTITIA</strong> ADDING?<br />
A sound economy with growing prosperity<br />
and job opportunities is based on solid financing<br />
for businesses and industries. Being<br />
able to pay on credit or provide various types<br />
of credit when selling a product or service is<br />
essential if a society is to be able grow and<br />
generate prosperity for its citizens. Providing<br />
credit is an important aspect of good financing.<br />
On the other hand, overly extensive<br />
credit expansion creates instability and can<br />
end in disaster for individuals and businesses.<br />
Good credit management is therefore a<br />
vital aspect in the creation of a sound economy.<br />
At the core of Intrum Justitia’s business<br />
is our desire to do our part to create an efficient<br />
credit market in Europe. Intrum Justitia<br />
is a catalyst for a sound economy. This<br />
means that, as specialists in credit management,<br />
we support our clients in their efforts<br />
to improve their cash flow and reduce risk.<br />
Intrum Justitia’s goal is to be the biggest<br />
company in Europe offering credit management<br />
services, risk minimization and financial<br />
services based on our strong foundation<br />
in debt collection. With many years of debt<br />
collection experience behind us, we can offer<br />
our clients added value in the form of<br />
services that help them achieve appropriate<br />
market segmentation, effective management<br />
of payment flows, and more stable and predictable<br />
cash flows.<br />
In 2010 we launched several new and<br />
attractive services to help our clients signifi-<br />
”At the core of<br />
Intrum Justitia’s business is<br />
our desire to do our part to<br />
create an efficient credit<br />
market in Europe.”<br />
Statement by the CEO 5<br />
”By helping a debtor go<br />
from a shaky financial situation<br />
to a sound one, we also<br />
ensure that our client gets<br />
paid in the end. And that is<br />
when income is generated<br />
for Intrum Justitia.”<br />
cantly improve their financial situations. We<br />
made millions of credit decisions last year<br />
alone and generated nearly 20 billions SEK<br />
in cash flow for our clients. We achieved this<br />
by having respectful relationships with our<br />
clients’ customers that were based on our<br />
insights into people’s payment capabilities<br />
and behavior.<br />
By helping a debtor go from a shaky financial<br />
situation to a sound one, we also<br />
ensure that our client gets paid in the end.<br />
And that is when income is generated for<br />
Intrum Justitia. Preventive measures include<br />
providing support to our clients in assessing<br />
potential credit customers and helping them<br />
to give the right amount of credit based on<br />
wise, insightful credit decisions and proactive<br />
reminder processes. If payment problems still<br />
occur, we take care of it by offering both payment<br />
plans and debt clearance options.