Chronicle of 2007

January

Universal Factoring GmbH commences operating activities

February

Expansion of Software segment with takeover of ID Innovative Datenverarbeitung GmbH

March

Leasing business in England expanded through the acquisition of Hanover Financial Group of Companies

April

Entry to the Spanish market as a servicer of non-performing loans (NPL) through acquisition of Multigestión Iberia S.A.

June

Annual shareholders’ meeting in Essen

September

Bundling of software and consulting competences for the insurance sector in the subsidiary GENEVA-ID GmbH

October

Strategic partnership with BAG Bankaktiengesellschaft from Hamm for servicing and settling NPL in the cooperative banking sector

November

Publication of nine-month financial statement. In the third quarter, the Collection sector exceeded the previous quarter’s sales for the sixth time in a row

December

GFKL’s Christmas campaign for the “Wirbelwind” children’s home in Essen