{"id":5860,"date":"2019-02-20T13:00:00","date_gmt":"2019-02-20T12:00:00","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/upadlosci-w-mleczarstwie\/"},"modified":"2019-02-20T13:00:00","modified_gmt":"2019-02-20T12:00:00","slug":"bankruptcy-in-the-dairy-industry","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/bankruptcy-in-the-dairy-industry\/","title":{"rendered":"Insolvencies in the dairy sector"},"content":{"rendered":"<p>The dairy industry is unique \u2013 bankruptcies happen every few years. It is worth examining how it looks in the context of the entire food sector. As Coface states in its 2018 report on <a href=\"https:\/\/pmrsa.pl\/en\/pmr-analysis-restructuring-companies-do-not-have-to-fear-unfair-bankruptcy-applications\/\">bankruptcy and restructuring of companies<\/a> in Poland, more and more companies at risk of bankruptcy are trying to get back on track. As we read in the report, even though the total number of companies is growing <a href=\"https:\/\/pmrsa.pl\/en\/instead-of-bankruptcy-restructuring\/\"  data-wpil-monitor-id=\"521\">bankruptcy and restructuring<\/a> \u2013 an increase of 10 percent in 2018 compared to the previous year, the number of restructurings also increases significantly compared to previous years.<\/p>\n<p>Since the introduction of the new restructuring law in 2016, the number <a href=\"https:\/\/pmrsa.pl\/en\/record-number-of-consumer-bankruptcies-in-2023-or-will-2024-bring-changes\/\"  data-wpil-monitor-id=\"151\">bankruptcy<\/a> The number of companies is still below the level before the changes in the law were introduced \u2013 in 2014 it was 701, in 2015 \u2013 650, and in 2018 \u2013 558.<\/p>\n<div class=\"ramka1\">\u2013 After three years of the new bankruptcy and restructuring law being in force, we can say that the number of companies that are trying to save their businesses is growing significantly \u2013 says Ma\u0142gorzata Anisimowicz, CEO of Coface, commenting on the results. <a href=\"https:\/\/pmrsa.pl\/en\/pmr-announcement-restructuring-sa-2\/\"  data-wpil-monitor-id=\"2192\">PMR Restructuring<\/a> SA.<\/p>\n<\/div>\n<p>He points out that the market <a href=\"https:\/\/pmrsa.pl\/en\/polish-companies-know-little-about-restructuring\/\"  data-wpil-monitor-id=\"1690\">restructuring is a niche that requires specific knowledge<\/a>, and in particular specific competencies that are only available in teams. Some law firms are expanding their scope of activity by <a href=\"https:\/\/pmrsa.pl\/en\/restructuring-as-a-salvation-for-companies-from-lower-silesia\/\"  data-wpil-monitor-id=\"885\">company restructuring<\/a>, but legal knowledge is not enough according to experts. In order to effectively carry out <a href=\"https:\/\/pmrsa.pl\/en\/quick-repair-opportunity-for-companies\/\"  data-wpil-monitor-id=\"2011\">repair of the company<\/a>, negotiators, financiers, accountants, lawyers and people experienced in managing companies are needed.<\/p>\n<p>There is still a lack of specialized law firms on the market that would manage the entire process from start to finish. Bankrupt companies usually go to lawyers who propose using the protection provided by the new act. In this way, they prolong the process <a href=\"https:\/\/pmrsa.pl\/en\/can-companies-afford-bankruptcy\/\"  data-wpil-monitor-id=\"150\">company bankruptcy<\/a>, but they are unable to effectively repair it, i.e. conduct appropriate audits, negotiate with creditors, obtain financing needed to maintain the company&#039;s liquidity and manage the changes that need to be introduced to improve the situation. As specialists in saving companies unanimously confirm: the most important moment is when the entrepreneur comes for help.<\/p>\n<div class=\"ramka1\">\u2013 This is usually the last moment and many problems cannot be solved \u2013 says Ma\u0142gorzata Anisimowicz, president of PMR Restrukturyzacje and an experienced restructuring advisor.<\/p>\n<\/div>\n<div class=\"stopka1\"><b>The material appeared on portalspozywczy.pl:<br \/>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/2023\/07\/portalspozywczypl.png\" title=\"\"><\/b><br \/>\n19 February 2019:<br \/>\n<a class=\"alink\" href=\"http:\/\/www.portalspozywczy.pl\/mleko\/wiadomosci\/mleczna-sroda-upadlosci-w-mleczarstwie-analiza,168309.html\" target=\"_blank\" rel=\"noopener\">\" Milk Wednesday: Dairy bankruptcies (analysis)<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Bran\u017ca mleczarska jest wyj\u0105tkowa \u2013 upad\u0142o\u015bci zdarzaj\u0105 si\u0119 raz na kilka lat. Warto prze\u015bledzi\u0107 jak to wygl\u0105da na tle ca\u0142ego [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-5860","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"author_category":"","first_name":"Zesp\u00f3\u0142 PMR","last_name":"","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=5860"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5860\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=5860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=5860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=5860"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=5860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}