Reorganization and restructuring for companies which are already in or are anticipating to soon be in a business crisis, is a necessity that will ultimately determine their viability.
In today’s highly competitive environment, reorganizing and restructuring a company does not constitute an admission of a company’s failure; On the contrary, if the necessity for reorganization and restructuring is timely foreseen, the further development of the Company may be very successful.
The vast majority of the most successful companies in the world have at some point in their history been reorganized and restructured at least once.