EOS Group

𝗚𝗼𝗼𝗴𝗹𝗲 𝗔𝗜 𝗛𝗮𝗰𝗸𝗮𝘁𝗵𝗼𝗻: 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗢𝗦 𝗰𝗼𝗹𝗹𝗲𝗮𝗴𝘂𝗲𝘀 𝗽𝗿𝗲𝘀𝗲𝗻𝘁 𝗔𝗜 𝗨𝘀𝗲 𝗖𝗮𝘀𝗲𝘀   #Artificial #Intelligence is projected to contribute up to $15.7 trillion to the global economy by 2030. This staggering potential is just one reason why we embrace AI initiatives    Participating in the recent Discover AI Hackathon hosted by Google in Hamburg was an exciting opportunity for us to explore innovative applications of AI alongside colleagues from various Otto Group companies. The event served as a melting pot of ideas, illustrating how AI can redefine our processes.    We are proud to share that the international team of EOS colleagues delivered two use cases: 1️⃣ 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗲𝗱 𝗲𝗺𝗮𝗶𝗹 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗲𝘀 𝘁𝗼 𝗱𝗲𝗯𝘁𝗼𝗿𝘀: Led by Paul Baltag from EOS KSI Romania, this initiative aims to enhance debtor communication through automation, improving response rates and customer loyalty. 2️⃣ 𝗔𝗜-𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝗲𝗱 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗿𝗲𝘃𝗶𝗲𝘄: Spearheaded by Carlos Otero from EOS Spain this project automates the review process for complex documents, significantly increasing efficiency and accuracy. 𝗢𝘂𝗿 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁? The success of the winning team, which included Nichole Wills from the EOS Group. They developed a search results optimization system for Otto.de, exemplifying the power of teamwork and innovative thinking. The Discover AI Hackathon has set the stage for future innovations at EOS, and we are excited to see how these projects will evolve and contribute to our ongoing success. #AI #Innovation #Collaboration #TechTransformation

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀? Karel Smerak, CFA, Group Director Capital Markets and Transactions at the EOS Group, visited the “Financial Services Dealmakers Summit” of PwC in Vienna as a panel speaker this week. He shared valuable perspectives as in the session on “Alternative Investments: Trends and Potential of the Private Debt Market in CEE & Wider Europe.” Despite a slowdown in the #NPL sales market due to limited primary stock from banks, investor activity in secondary portfolio trades is on the rise, particularly in larger CEE jurisdictions. Additionally, bespoke debt financing and funding forward flows are gaining popularity. His key takeaways: 1️⃣ The Central and Eastern Europe market is shifting towards smaller deals, creating opportunities for players who can manage smaller volumes effectively. 2️⃣ Greece remains the largest market in the region, driven by numerous secondary transactions stemming from significant securitization deals in recent years, necessitating portfolio monetization through sub-portfolio sales. 3️⃣ Outside Greece, while securitizations may offer pricing benefits for sellers, their limited market size may hinder larger-scale adoption. 4️⃣ NPL investors face challenges in adapting their business models and must delve deeper into the value chain of individual assets before disposal and reintegration into the "normal" economy. These insights underscore the evolving financial landscape.   #pwc #PrivateDebt #InvestmentTrends #FinancialServices #CEEMarket

𝗧𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗨𝗻𝗶𝗼𝗻’𝘀 𝗡𝗣𝗟 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲 𝗵𝗮𝗿𝗺𝗼𝗻𝗶𝘇𝗲𝘀 𝘁𝗵𝗲 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗵𝗮𝗻𝗱𝗹𝗶𝗻𝗴 𝗻𝗼𝗻-𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗹𝗼𝗮𝗻𝘀 𝗮𝗻𝗱 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝘀 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗿𝗶𝗴𝗵𝘁𝘀. Find out how we at EOS implement the requirements locally by our national subsidiaries. 👉 https://lnkd.in/eUdS8qQK #NPL #Compliance #ConsumerProtection

𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝘀 𝗮 𝗹𝗶𝗺𝗶𝘁𝗲𝗱 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲   Last week I had the pleasure to discuss the current state of #Non-Performing-Loans worldwide at the SmithNovak in London in a panel with experts from our industry. In my eyes we have the following situation:   Overall NPL volumes in Europe remain low. But why? After many years of cheap money, the NPL-market is faced with the reality that capital is a limited resource. With high interest rates money has become a valuable commodity again. This shifts the dynamics in our industry to a focus on generating solid returns.   This bears opportunities, too.   🚀 We need to explore innovative strategies for managing risks and increasing profitability. #Performance is key. Always.   🚀And at EOS Group with investments in 24 countries in Europe, we are always on the outlook for new markets with sustainable NPL volumes.     #performance #npl

🌍 𝗘𝗢𝗦 𝗮𝘁 𝘁𝗵𝗲 𝗡𝗣𝗟 𝗚𝗹𝗼𝗯𝗮𝗹 𝟮𝟬𝟮𝟰 𝗶𝗻 𝗟𝗼𝗻𝗱𝗼𝗻!🌍 SmithNovak's NPL Global Conference, which took place on October 2-3, has almost become a must-attend event in the industry. This year, EOS was once again represented by a strong international team consisting of Delphine Mysona, Luis Chaves, Jorge Ortega, Janos Baksa, Karel Smerak, CFA and Jick Heubusch. Marwin Ramcke, CEO of the EOS Group, provided valuable insights into current market trends during a panel discussion. He pointed out that the NPL market remains attractive and offers some interesting returns, as well as the increasing strategic importance of sustainability and the legal framework for NPL investments. Stephan Ohlmeyer, PhD, CFA, Member of the Board of Directors for Central Europe, represented EOS on the investor panel and discussed the evolving investor landscape and opportunities in the NPL sector. Other topics on the agenda included the current state of the industry in selected countries, best practices and the impact of regulatory changes. Thank you, SmithNovak. It was a wonderful conference, and we look forward to next time. #NPL #NPLGobal #NonePerformingLoans

𝗪𝗵𝗮𝘁 𝗵𝗮𝘀 𝗶𝗺𝗽𝗿𝗲𝘀𝘀𝗲𝗱 𝘆𝗼𝘂 𝗺𝗼𝘀𝘁 𝘀𝗼 𝗳𝗮𝗿? A question answered by Stephan Ohlmeyer, PhD, CFA, Managing Director Central Europe, in this video. So watch it: 🎥 #50years #anniversary #EOSGroup

At EOS it's time to tackle our inboxes, cloud storage, and servers.   From today to October 1, we're rallying together with international colleagues to clear out our digital clutter and make a positive impact on our planet.   Working at EOS? How you can participate:   1️⃣ Check myEOS and dive into the tips and tricks for effective digital decluttering. 2️⃣ Show unnecessary emails the trash bin! 3️⃣ Track our progress on myEOS after October 1 to see our impact.   Why it matters:   💡 Reduce your carbon footprint - every email carries a hidden environmental cost. 💡 Boost your productivity and mental well-being. A tidy inbox is like a tidy desk. 💡 Free up server space and optimize resources.   Let's clean up, connect, and create a sustainable digital world!   #DigitalCleanUp #CRX24 #Sustainability #SocialResponsibility

𝗛𝗲𝗹𝗹𝗼 𝗳𝗿𝗼𝗺 𝗪𝗮𝗿𝘀𝗮𝘄! Lots of insights and networking opportunities at the 𝗙𝗘𝗡𝗖𝗔 𝗖𝗼𝗻𝗴𝗿𝗲𝘀𝘀 𝟮𝟬𝟮𝟰. 🎉 This year's FENCA Congress brought together industry leaders and partners to explore the evolving landscape of the debt collection market in Europe. Here are some highlights from the event: 🧑👩 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Chris Leslie, a member of the FENCA board, shared findings from a UK study on consumer attitudes towards debt. The key takeaway? Many consumers still experience fear, shame, and denial. For collection companies, enhancing financial literacy and fostering empathy are crucial steps forward. 📝 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗟𝗲𝗴𝗶𝘀𝗹𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗡𝗣𝗟 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Upcoming plans and framework conditions for the EU financial sector were discussed. And the panel highlighted the varied implementation of the #NPLDirective across EU countries. While some nations are progressing swiftly, others are still in the drafting phase. Nevertheless, the regulation aims to promote transparency and reduce market misconduct. 📊 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Stephan Ohlmeyer, member of the EOS board, provided an overview of the EU market situation, noting that the EOS Group maintains a strong position with effective investment strategies. Regulatory challenges are minimal for us, as we have always upheld high standards. Overall, the event was once again very exciting, but the exchange with industry peers was particularly valuable. EOS was represented internationally as a strong team with colleagues from EOS Poland, EOS CONTENTIA BELGIUM, EOS MATRIX Bosnia and Herzegovina, EOS Matrix Bulgaria, EOS KSI Romania, EOS Deutschland and EOS Group. Many thanks to FENCA - Federation of European National Collection Associations for the excellent organization and many years of close cooperation. 🤝✨ #FENCA2024 #DebtCollection #EOSGroup

🌍✨ 𝗘𝗢𝗦 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝟮𝟬𝟮𝟰 𝗶𝗻 𝗪𝗮𝗿𝘀𝗮𝘄! With around 60 participants from over 20 countries, including Germany, Poland, Italy, France, Netherlands, Czech Republic, Croatia, Switzerland, UK, Iceland, India, North America, and beyond, it was a fantastic opportunity for EOS and our external partners to come together yesterday.   Just to name a few highlights of the day:   🔍 𝗖𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗖𝗼𝗺𝗽𝗹𝗲𝘅𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗲𝗯𝘁 𝗖𝗼𝗹𝗹𝗲𝗰𝘁𝗶𝗼𝗻: Leah Maria O. led a deep dive into intercultural communication, exploring different cultural dimensions through Geert Hofstede's research. Her findings provided valuable conclusions for our business practices.   🎤 𝗘𝗢𝗦 𝗕𝗼𝗮𝗿𝗱 𝗧𝗮𝗹𝗸: Stephan Ohlmeyer, shared his personal and professional experiences with cultural differences in a talk with Stefan Cohrs, emphasizing that the EOS Group truly embodies an international community.   🇵🇱 𝗣𝗼𝗹𝗶𝘀𝗵 𝗗𝗲𝗯𝘁𝗼𝗿 𝗕𝗲𝗵𝗮𝘃𝗶𝗼𝗿: Our EOS Poland team showcased their fair and individualized approach to addressing debtors, helping them manage repayments effectively.   📜 𝗟𝗲𝗴𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: We explored the legal debt collection environment in Sweden and discussed the latest developments of the NPL Directive.   🤖 𝗔𝗜 𝗪𝗼𝗿𝗸𝘀𝗵𝗼𝗽: Participants engaged in group workshops to explore the future of AI in our industry.   Once again, the international spirit of cooperation was tangible throughout the event! A big thank you to everyone who participated and contributed to the discussions. Together, we’re shaping the future of #DebtCollection! 💪   #EOSGroup #InternationalDebtCollection #CrossBorder #Collaboration

We take responsibility in many ways. The environment, social issues and corporate governance go hand in hand at EOS. And our achievements and activities in this area are just as many and varied. 🌟 Here are some highlights from the past year that we are very proud of. If you would like to find out more about our corporate responsibility efforts from the last financial year, check out our annual and sustainability report 2023/24. 🔗 https://lnkd.in/eSrmJqZH #CorporateResponsibility #ESG #Sustainability #EOSGroup