Many businesses in the beauty and fitness industry have long since lost their liquidity and are on the brink of bankruptcy, say lawyers specializing in restructuring processes. At the end of 2020, the debts of hairdressing and beauty salons reached PLN 49 million. According to experts, the new sanitary regime and subsequent restrictions on businesses have hit fitness clubs and gyms particularly hard, which have been closed almost since the first days of the coronavirus pandemic being announced in Poland....

No entrepreneur has a guarantee that they will survive the crisis. They can increase their chances of survival by preparing for restructuring. Shield 4.0 simplified the procedures in this area, so that companies can start repairing their businesses themselves. Such proceedings last a maximum of 4 months and are conducted without the participation of the court. Małgorzata Anisimowicz - qualified restructuring advisor and president of the management board of PMR Restrukturyzacje commented on the publication of the Puls Biznesu daily devoted to the subject of...

In the past pandemic year, over five hundred companies filed for bankruptcy in Poland, which is not a significantly higher result than in previous years, but the number of companies undergoing restructuring has increased significantly. Małgorzata Anisimowicz - qualified restructuring advisor and CEO of PMR Restrukturyzacje gave an interview in the Economic Report in the TOK FM radio show devoted to the topic of restructuring. The show was broadcast on TOK FM radio: on 4 March 2021. » Which industries are most at risk...

The lockdown announced until April 9 may cost the Polish economy over PLN 25 billion - according to calculations by "Rzeczpospolita". Huge losses are falling on brick-and-mortar stores, hotels and the service sector, with gastronomy at the forefront. This, along with the fitness industry, is the hardest hit with months of sales only with delivery or takeaway. Małgorzata Anisimowicz - qualified restructuring advisor and CEO of PMR Restrukturyzacje commented on the publication of the Rzeczpospolita daily...

The situation in the catering industry is catastrophic. Only one in five companies sells takeaway or with delivery to the customer, which allows them to generate at most 10 percent of previous turnover. As much as PLN 30 billion could have evaporated from the catering sector in 2020 - according to analyses by the Polish Chamber of Gastronomy (IGGP), which "Rzeczpospolita" described first. Considering that in 2019 GfK estimated the value of the catering industry at PLN 36.6 billion, this is a real disaster. IGGP estimates that after removing...

Confusing restructuring with bankruptcy can ruin a company that wants to get back on track. Read the article and find out: What is the difference between bankruptcy and restructuring? Why can't you confuse these concepts? How does confusing these concepts affect companies that are in trouble? Małgorzata Anisimowicz, a qualified restructuring advisor and CEO of PMR Restrukturyzacje, commented on a publication by the Puls Biznesu daily devoted to the subject of corporate bankruptcy. The article was published...

Many entrepreneurs who received support last year under the Polish Development Fund (PFR) financial shield may not survive the second lockdown. However, they remember that the aid could only be granted to companies that are not undergoing restructuring or bankruptcy proceedings. What about the support received if they decide to pursue such a process now? Małgorzata Anisimowicz, a qualified restructuring advisor and CEO of PMR Restrukturyzacje, provided...

The pandemic and the difficulties in doing business are taking their toll on Polish companies. According to the latest data from Coface, last year we registered 1,243 bankruptcies and restructurings of companies in Poland, which is 22% more than a year ago. The largest increase in the number of proceedings was recorded by the service sector (54% year-on-year), retail (39%) and transport (36%). - However, the real problems of companies are visible only on a micro scale. For example, the catering and hotel industries, qualified...

As a result of the prolonged pandemic, more and more companies in the Wielkopolska MICE (meeting-incentive-conferences-exhibitions) industry are teetering on the edge of financial liquidity. The sector dealing with the organization of meetings, congresses and business trips is unable to function with a drastically reduced number of orders. In order to prevent the risk of bankruptcy, companies in the industry at risk of insolvency should now reach for repair tools, such as simplified restructuring....

Companies that have suffered the most from the crisis and have lost their liquidity can, however, take advantage of ready-made repair tools, such as simplified restructuring proceedings. Experts from PMR Restrukturyzacje and FKK Law Firm explain how the restructuring of a listed company stands out from other proceedings. - Not all listed companies have a strong enough background, capital, team and experience to cope with such a violent crisis. At the moment of destabilization...