Through this expansion in Hungary, InFoScore has successfully strengthened its range of services. Creditexpress Kft., headquartered in Budapest, is among the leading receivables management companies in Hungary. Besides the traditional collection services and the collateral management of motor vehicles, the Hungarian enterprise completes its value chain by purchasing receivables. Creditexpress has 55 employees. Since its foundation in 1999, it now ranks second on the Hungarian market. A diverse range of customers, from financial service providers, telecommunications companies, power supply and trade companies, benefit from Creditexpress' service.
German as well as international companies active in the Hungarian market can especially benefit from this joint venture. The cross-
