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PKF Finconta

Local knowledge, global expertise

PKF Finconta Services

Insolvency

Financial misfortune can strike any business or individual, with potentially serious and far-reaching consequences. But our experienced advisers can help you through this stressful time, minimize the impact and help you on the road to recovery, while securing the best achievable outcome for creditors and other stakeholders.

A business may need to adapt to a change in its environment, either due to regulatory changes, new technology, market pressures or other factors. Inability to adapt can lead to decline and eventual failure.

As a member of UNPIR (Romanian National Union of insolvency Practitioners), our lawyers and legal advisers will advise you on:

  • Corporate restructuring
  • Negotiating with creditors
  • Receivership
  • Corporate liquidation
  • Seeking alternatives to insolvency

Background

FINCONTA CONSULTING S.P.R.L is specialized in insolvency, with over 17 years of activity in the respective market in Romania. It provides services within the procedure stipulated by Law 85/2006, regarding the insolvency procedure and the voluntary liquidation procedure, financial supervision and special management.

By getting involved at an early stage, PKF advisers can identify the problems, stem the decline and stabilize the business. Where business turnaround may not be possible, your PKF adviser will pursue the most appropriate options from an informal workout to formal insolvency.

In addition, a PKF insolvency adviser can often find solutions to improve your company's fortunes so that insolvency ceases to be necessary. Our aim as far as possible is to bring about a recovery before the situation reaches that stage.

Ionel Tudor - Insolvency Practitioner/Lawyer


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