Our key takeaways from the panel discussion at the TMA Restructuring Forum 2025, currently taking place in the iconic Primate’s Palace in Bratislava, organized by Turnaround Management Association Slovenská republika.
The economic environment remains tense.
Slovakia’s inflation rate is twice the eurozone average, while companies are facing growing pressure from uncertainty, consolidation measures, and weakened consumer purchasing power.
Although the number of restructurings during the first nine months of the year has remained stable, the real impact tends to appear with a time lag — approximately two years later. In practice, many companies are already facing a far more challenging reality: instead of growth, they are focused on survival and searching for new ways to maintain performance and retain people.
Bankers identified retail, automotive, e-commerce, furniture, and fashion as the most vulnerable sectors — industries most affected by cost-cutting measures and declining consumer spending.
According to estimates by the National Bank of Slovakia, approximately 30,000 people could lose their jobs in the coming period.
It is precisely in this kind of environment that Interim Managers play a critical role.
They step into companies that — for whatever reason — have found themselves in difficult situations and need restructuring, stabilization, or a strategic shift. They bring experience, perspective, and the ability to act quickly — qualities that today determine who merely survives change and who emerges from it stronger.
#TOPHEADS is a member of Turnaround Management Association Slovenská republika — thank you for the opportunity to be part of the discussion on the stability of companies and the economy. Thank you Viliam Mysicka and Ivana Kováčová.
#People #TOPHEADS #InterimManagement #banking #restructuring
You can find the post on LinkedIn here.
