AGENDA

09:00 – 09:30 – Registration, coffee and tea

09.30 – 09:45 – Welcoming remarks TMA

09:45 – 10:15 – Key note – Best practices in operational restructuring process

• Reasons for initiating and goals of operational restructuring
• Operational restructuring vs financial restructuring
• Phases, activities and participants in operational restructuring
• Operational diagnostic and restructuring plan
• Critical factors for successful implementation, hidden opportunities and quick wins

10:15 – 11:00 – PANEL 1: Operational restructuring in SEE

• Does operational restructuring happen in reality?
• Support from stakeholders – how to impose operational restructuring?
• Availability of right expertise and talent
• Successful vs. failed cases – what made the difference
• Look into the future – what can be learned from the current developments in SEE

11:00 – 11:30 – Coffee break

11:30 – 12:30 – PANEL 2: LENDERS’  PERSPECTIVE

• Should lenders take management control and board positions
• New money – who, when and under what conditions
• Legal framework and practice for new money in SEE
• Who should finance operational restructuring and how
• Reporting, duty of care and monitoring results

12:30 – 14.00 – Lunch

14:00 – 14:30 – Case study

• Why the change was needed?
• Setting goals of operational restructuring
• Restructuring measures and challenges in implementation
• Achieved results vs set goals

14:30 – 15:15 – PANEL 3: INVESTORS’ PERSPECTIVE

• Appetite for business acquisitions and distressed opportunities in SEE, and recent practice
• Equity investment vs financial support
• Are succession businesses easier to restructure operationally?
• Turnaround activities in first 100 days
• Cooperation with stakeholders – lenders, existing shareholders and management;

15:15 – 16:30 – Cocktail