Guide on the Working Methodology for Defining and Implementing a Turnaround Plan

Not all businesses in difficulty can or should be saved.

A restructuring specialist must be able to analyze, understand and determine whether a turnaround project can save the business and jobs.

TMA Romania wants to contribute, including through this material, to the education of the business environment and the promotion of the restructuring concept based on a working methodology and not “intuitively”.

We hope this Guideline will provide – both for restructuring specialists (whether they are employees of banks or consulting companies) and for the management of companies and entrepreneurs – a point of reference regarding the working methodology and analysis in case of a turnaround project.

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