r2p Capital continues its successful strategy and sets the future course for the Czech Republic as well.
At the end of spring, we established cooperation with one of the most important e-shops in Central Europe. The originally Czech company, which has also been operating in other European Union countries since 2014, is one of the largest online sellers of consumer electronics, covering the toys, sporting goods, and drugstore segments, among other things. Thanks to this strategic step, a receivables portfolio in the total amount exceeding EUR 500,000 will be added to our administration.
Based on a thorough analysis of our interim results of the portfolio of a Kazakh organization specializing in credits and loans, with which we deepened cooperation in May, we decided to enter into an agreement on the purchase of another portfolio of receivables in the total amount of EUR 986,400.
We continue to work on expanding our portfolio and will inform you about other important milestones soon.