Business Recovery Services

Our Business Recovery Services team assists managers, owners and banks in six basic areas with the goal of minimising the risk of business termination. Our key areas of expertise are:

Independent Business Review

Conducting an initial review of a company’s business model in order to gain an understanding of its viability and identify potential restructuring options.

Debt Advisory

Assisting a company in refinancing existing debt, fund raising and finding alternative financing sources.

Turnaround

Assisting struggling or underperforming companies in determining a preferred restructuring strategy and supporting management in its implementation.

Restructuring in insolvency / Preventive Concordat

Guiding a distressed company through an in-court operational and financial restructuring with the aim of maintaining operations and maximising recovery for stakeholders.

Distressed Sale

Supporting owners in urgent cash need by an out-of-court distressed sale, assisting insolvency trustees with a distressed sale in insolvency proceedings.

Working Capital

Releasing tied-up capital within a company from one or more of the three cycles including order-to-cash, purchase-to-pay and forecast-to-fulfil.

 

How can we support you?

Close business relationships with banks

Our extensive experience in working with banks enables us to know thoroughly their requirements, expectations and key criterias considered in their financing/refinancing decisions. Some members of our team previouly worked for prestigious banks.

Independence and unbiased opinion

Our hands-on approach also helps to create value. Our team is working directly on-site, thus being daily in direct contact with the client. All interim findings and outputs are constantly being discussed and validated with the management.

Unique expertise and experience in restructuring

Restructuring and performance management of companies is one of the PwC key activities. Through the last 20 years we gained experience from different industries and situations requiring practical and flexible approaches to the management of individual projects. Our team has been involved in key restructuring cases in Romania and other CEE countries such as Czech Republic, Hungary, Slovenia, Slovakia and also in Modova.

“Hands-on” approach

Our hands-on approach also helps to create value. Our team is working directly on-site, thus being daily in direct contact with the client. All interim findings and outputs are constantly being discussed and validated with the management.

Stakeholder management. Negotiations facilitation experience

We understand that the restructuring process is successful only when a win-win solution is found for the Company and for the financing banks and that early involvement of the banks into the process is a must – during IBR, we present banks with the interim findings and debt restructuring proposals from the very beginning and thus manage their expectations.

Unrivaled investor relationship

Our network of investor contacts will enable owners to find rapid solutions in distressed sales process.

Contact us

Cornelia Bumbacea

Partner, Advisory Services

Tel: +40 21 225 3614

Cristian Răvăşilă

Director, Head of Business Recovery

Tel: +4021 225 36 17

Follow us