Industrial restructuring is a complex process that aims to transform and adapt the industrial structure of the a given sector or the whole economy to changing market, technological, economic or social conditions. It is a set of transformations resulting from the implementation of a series of corrective measures leading to changes in the operational and financial structure of the industry with the application of modern technological and legal solutions.
In the case of industry restructuring, we are talking about a set of measures with a broader scope covering one or more industries, industrial districts or economic sectors. Transformation at this level not only requires action within individual businessesbut often also support at the national or foreign level, which allows the desired regulations to be put in place and provides access to funding.
It can take many forms, from changes in the organisational and financial structure, to the closure of inefficient production facilities, to the introduction of new technologies or a change in the business profile. W In the case of the restructuring of entire industries, it is extremely important to analyse together conducted at the micro level as well as at the macro level of the business.
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