When the credit management company Hoist receives its SDR stamp, it will mean a larger addressable market, "which is very good," says CEO Harry Vranjes in an interview with Dagens industri.

Hoist is expected to announce its status as an SDR, or specialized debt restructuring company, in its annual report. SDR is an EU initiative that originated during the debt crisis when banks in southern Europe suffered large credit losses. Vranjes views the regulations positively.

"We think it's a good set of rules. It's a problem if banks keep non-performing loans on their balance sheets year after year without taking action, because that builds up credit risks that taxpayers may have to bear. We are experts in managing non-performing loans, and the regulations drive volumes to the market, which is of course also good for our continued growth," says the Hoist CEO.

Since Vranjes took over as CEO in early 2023, Hoist shares have yielded a return of 235 percent.