The business recovery services (BRS) practice provides advisory and insolvency services to lenders, creditors, companies and individuals who are experiencing a wide range of difficulties, from weakening performance and reduced operating profit to crisis marked by severe cash problems and the imminent threat of insolvency.
Companies often exhibit these symptoms of distress well before a crisis erupts. In many cases, a downward spiral is not inevitable. It can be arrested and reversed. Early detection and swift, decisive action are the keys to restoring performance and value. That's why timely, expert advice is critical.
We are able to rapidly identify problem areas, develop value-preserving, unique solutions and implement them swiftly and precisely. PwC is the world's largest provider of business recovery and insolvency services. Active in more than 140 countries, our global network of over 2,300 highly skilled professionals can offer expertise across nearly every major industry combined with access to an unrivalled global network.
The Prague business recovery services team has about 10 skilled professionals with experience in major restructuring projects in the Czech Republic. We have provided our services to leading companies in the steel industry, the glass and porcelain industry and the chemical industry. We focus rather on implementation with the aim of helping our client than on producing theoretical reports on different issues. This gives us a depth and breadth that are unmatched in the marketplace.
Our services include:
Press releases
Here you can find a selection of articles on business issues on the subject of corporate restructuring and insolvency. Our experts from the department of Business Recovery Services participated in these interviews and contributed to the articles.
An insolvency lesson (in Czech)
Marcela Alföldi Šperkerová
Euro, 14.8.2006
Dream factory – Heavy indurstry (in English)
Petr Smutný
British Chamber of Commerce, 31.7.2006
Instead of liquidation getting a second breath (in Czech)
Libuše Bautzová
Ekonom, 29.3.2007
