We do not believe in quick fixes. We deal with the fundamental problems.
We have people on the ground with real experience of dealing with crisis situations in Russia:
Tony Thompson, Partner, Head of Advisory, KPMG in Russia and the CIS.
Led major restructuring projects in Russia after the 1998 financial crisis.
Ian Colebourne, Partner, Head of Forensic, KPMG in Russia and the CIS.
Led major asset tracing work in Russia after the 1998 crisis. Built the leading forensic team in Russia.
One thing the crisis will do is it will clearly determine the winners from the losers.
This is our guidance in relation to your actions, based on our experience of dealing with the crisis of 1998:
- Act quickly and decisively - but based on a sound analysis
- Use experienced advisors - especially if you have not managed companies through a crisis before. Just relying on international methodologies or decision making trees will not help you if you do not have someone who has actually done it in Russia
- No one knows how bad things will get - so make sure your business stays robust even in the worst case scenario
- Manage and retain the trust of your key stakeholders - this is your main asset in a crisis
- Above all - see opportunities, not only problems. When the crisis is over, you have an excellent chance to come out of it stronger - by building a more robust financial and management base more suited to the demands of the economic environment, allowing you to move ahead of your remaining competitors
Please call us if you are sure you need proffesional advice.
We are committed to helping you.
| Service | Description | Leaders |
Advise for both companies experiencing severe financial difficulties and lenders with concerns about their customers financial position |
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Advise on refinancing |
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Fraud Investigation and Dispute Advisory Services |
Advise on contractual and commercial disputes |
Ian Colebourne |
Advise on tax disputes, litigation, tax minimisation and other critical tax aspects in the current environment |
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Cash and Profitability enhancement |
Advise on cost reduction and margin improvement |
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Assistance in process of buying and selling businesses in a distressed environment |
Robert Vartevanian |
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Cash and Net Working Capital Management |
Advisory on questions of improving the system of cash and net working capital management. Identifying measures for optimizing the level of net working capital. Advisory on questions of financial forecasting for the company's operations |
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Advise on regulatory and commercial process for market exits and insolvency |
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Advise on employee related issues: designing change management strategy, streamlining HR operations and realigning reward structure taking into account the requirements of the related labour and tax legislation |
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Risk management advisory services for financial institutions and companies |
Advice to financial institutions and companies by diagnosing the quality and reliability of their risk management systems, and also development of methodologies and implementation of best practices. |
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