APS was established by Slavia Capital a.s., a captive servicer for the Czech market.

Martin Machoň was hired as manager to build green field investments for the Czech Republic.



APS expanded operations and services to Serbia and Slovakia.


Greenfield operations started in Romania and a new service platform was acquired in Poland.

A new investment platform with the backing of London- and US-based investors opened in the Czech Republic, Slovakia, Poland, Serbia and Romania.

Slavia Capital consolidated its NPL portfolio and raised new capital for a Slovak-Cypriot investment structure named Loan Management.


Acquired first corporate NPL portfolios in Montenegro and Bulgaria.

APS reopened operations in Serbia and other Balkan countries.


The IFC partnered with APS to tackle NPL in Eastern and Southern Europe. APS established APS Recovery Greece.

APS opened a real estate division for CEE region.


Martin Machoň, CEO and previously a minority shareholder, purchased the majority interest and became the sole shareholder.

APS opened its first Asian subsidiary in Vietnam.


Acquired €1.3 billion in NPL in Romania; the largest transaction of its type in Eastern and Southern Europe.

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