The prestigious Turnaround Management Association (TMA) Annual Awards recognize excellence in turnaround management and corporate restructuring.The Chicago-based TMA, turnaround.org, has more than 9,000 members in 48 regional chapters worldwide who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.
Muchas veces me preguntan qué se siente dirigiendo empresas en dificultades. Mi amigo Fernando Moreno, también empresario, acaba de enviarme este video que describe bastante bien (y en 60 segundos) esta forma de vida… lo complicado y apasionante que es…y a nosotros, como Guillermo Altadill Patrón del estrella Damm, a pesar de todo…nos encanta!!
The expansion will be in two steps: the first by a bank restructuring and the second with a capital increase.Barcelona. (EFE). - The 90% of the shareholders of La Seda have approved at the meeting held on Thursday that the company increases capital of 300 million in two steps, the first by a bank restructuring and the second with an extension of capital.
The British Court upheld today the agreed financial restructuring of La Seda de Barcelona, which is the first time a Spanish company gets to adopt a process of 'scheme of arrangement'.The company said today, with this British judge's approval culminates an intense process of negotiation with financial institutions that make up the syndicated loan, amounting to 600 million Euros.
The president of the company BA Vidro, Carlos Moreira, agreed with their participation in La Seda de Barcelona.Following recent agreements, BA Vidro became the new reference industrial partner of the Catalan chemistry. In this way, the economic contributions of the Portuguese company extended the capital base in order to strengthen the position of both companies in European markets.
Taking into account the bad situation of the worldwide economy, mainly characterized by strong contractions in demand and employment, La Seda has had a successful recovery in the first half of the year.At the time of assumption of Carlos Gila, the company reached a turnover of around 521 million Euros. In percentage terms, this is an increase of about 10%, compared with the projections made.
When a major company like La Seda is in trouble, it is essential to count on strategies in which there must be a comprehensive vision of medium and long terms. Carlos Gila is an expert on the subject, and undoubtedly he has made use of his knowledge to increase the capital and reduce debt.
The senior advisor Carlos Gila Lorenzo, representative of the company Inverland Dulce S.R.L., has given the position of Vice President of the international company specialized in processing and recycling of chemical products.
When it’s time to perform a task, it’s recommended to count on reliable professionals. That’s why Carlos Gila’s collaboration is so appreciated in the Administration Council.In this way, Gila’s vast experience as a professional made him to assume command of many companies which were deep down troubled like no financial aid, objectives transformation or changes in the ownership.