STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Nickel Mountain Group AB (OSE:NMG) (OSE:NMGO)
With effect from today, a new amicable operations center with 30 employees has been established in Valladolid, Spain. By end of January we expect to deploy additional 30 new agents. This is in order to improve performance on existing client base, and to prepare for expected growth from anticipated new 3rdparty contracts and portfolio acquisitions.
The new center in Valladolid will enable Axactor/ALD to improve productivity and cost position in the Spanish market, and will position the company to gain future scale advantages.
For and on behalf of the Board of Directors of Axactor AB (publ)
Chief Executive Officer
Cautionary Statement: Statements and assumptions made in this document with respect to Axactor AB’s (“Axactor”) current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Axactor. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to, (i) changes in the economic, regulatory and political environments in the countries where Axactor operates; (ii) changes relating to the statistic information available in respect of the various debt collection projects undertaken; (iii) Axactor’s continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential partners, ventures and alliances, if any; (v) currency exchange rate fluctuations between the SEK and the currencies in other countries where Axactor or its subsidiaries operate. In the light of the risks and uncertainties involved in the debt collection business, the actual results could differ materially from those presented and forecast in this document. Axactor assumes no unconditional obligation to immediately update any such statements and/or forecasts.
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