PMR Restrukturyzacje expert convinces that the start of the restructuring process is good news for employees. It gives a chance to maintain jobs and regain financial stability by a company threatened with bankruptcy and insolvency. Article published on Dlahandlu.pl with expert commentary by Małgorzata Anisimowicz, CEO of PMR Restrukturyzacje and qualified restructuring advisor. The article was published on Dlahandlu.pl: on 14 December...

The pandemic and rising inflation are not having a positive impact on business. The increasing number of restructuring processes is causing concern not only among entrepreneurs but also employees. Employees have doubts about the stability of their professional situation, and the prospect of initiating proceedings in the case of their company raises fears of job cuts. Meanwhile, as the PMR Restrukturyzacje expert points out, the start of the restructuring process is good news for employees. It gives a chance...

This year, another bankruptcy record will be broken, but many companies will survive thanks to restructuring. The simplified restructuring procedure introduced in June 2020 into the legal system for the period until November 30, 2021 as part of the anti-crisis shield 4.0 has been operating as an improved procedure for approval of the arrangement since today. It has been implemented because it proved effective during the pandemic economic collapse. Last year, there were 356 such proceedings. In the first quarter of this year, out of 515 insolvencies...

The risk of a contractor going bankrupt is currently keeping many entrepreneurs awake at night. A crisis always brings a wave of bankruptcies. It is worth knowing whether and how you can protect yourself against such an eventuality. There are several ways to do this. Publication on the website and in the paper edition of the Puls Biznesu daily with expert commentary by Małgorzata Anisimowicz, CEO of PMR Restrukturyzacje and a qualified restructuring advisor. Publication on the website and in the paper edition of the Puls...

The sharp rise in energy prices, rising fuel prices and rising inflation – these are the key factors that, according to PMR Restrukturyzacje experts, will soon lead to the insolvency of – depending on the pandemic situation – 2 to 4 thousand companies in Poland. The increase in operating costs may cause the number of restructurings to reach a record level again, which is already the highest in history. – It is encouraging that companies are increasingly fighting for their existence and instead of going bankrupt...

How does the restructuring proceeding proceed? – The procedure itself is specified in the Restructuring Law and depends on the type of proceeding, and the type itself should depend on the degree of crisis in the company and the architecture of the operation specified in detail by the restructuring advisor. At this point, special attention should be paid to the simplified restructuring proceeding, which is currently the “most popular” among indebted companies. In order to speed up all the procedures,...

The number of companies that will get into serious financial trouble could soon reach several thousand. The reason is the rising costs of doing business. From two to four thousand: that is how many insolvencies we have to reckon with in the near future. This will be influenced by the sudden increases in energy prices, the rising cost of fuel, the increase in the minimum wage and the highest inflation in the European Union. - All of this (...) poses a huge challenge for companies in Poland. Even if the high demand for consumption is maintained, entrepreneurs...

How does the restructuring proceeding proceed? – The procedure itself is specified in the Restructuring Law and depends on the type of proceeding, and the type itself should depend on the degree of crisis in the company and the architecture of the operation specified in detail by the restructuring advisor. At this point, special attention should be paid to the simplified restructuring proceeding, which is currently the “most popular” among indebted companies. In order to speed up all the procedures,...

According to data from Coface, in the first half of 2021, Poland recorded a record 160% year-on-year increase in the number of business insolvencies. In order to get out of a difficult financial situation and avoid bankruptcy, companies must go through a restructuring process, which is a completely new experience for most of them. This, in turn, makes it easy to make mistakes and have painful consequences. Experts from PMR Restrukturyzacje and FKK indicate what debtors should pay particular attention to and what...

According to data from Coface, in the first half of 2021, Poland recorded a record 160% year-on-year increase in the number of business insolvencies. In order to get out of a difficult financial situation and avoid bankruptcy, companies must go through a restructuring process, which is a completely new experience for most of them. This, in turn, makes it easy to make mistakes and have painful consequences. Experts from PMR Restrukturyzacje and FKK indicate what debtors should pay particular attention to and what...