07/04/2014

PRA UK To Create Up To 400 Jobs In Kilmarnock

Portfolio Recovery Associates UK (PRA UK) is anticipating future growth that could create up to 400 new jobs during the next three years.

The investment would add to its current staff of 300 at its Kilmarnock offices, First Minister Alex Salmond announced today.

The First Minister welcomed the creation of up to 400 new jobs supported by a £1.2m investment as he continues his successful programme of business engagement in New York.

PRA UK is a subsidiary of Portfolio Recovery Associates, Inc., a leader in the US consumer debt buying industry. Ahead of meeting senior PRA representatives in New York, as part of his 2014 Scotland Week programme, Minister Salmond said: "PRA UK is a well-known employer in Kilmarnock and the announcement of hundreds of new jobs is fantastic news for the area.

"Last month, the Scottish Cabinet met in Ayrshire where we focused on community regeneration announcing funding of £1.7 million to help the area flourish.

"I'm looking forward to meeting senior representatives of the company later today in New York as they confirm plans to create these new jobs for Kilmarnock."

(CD)

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