2022 East European Summit, Bucharest, September 13, 2022, a reference event for experts and the business world from CEE

By rbj
Experts with an international reputation in financial restructuring, business strategy, economics, legislation and public policies gather in Bucharest to discuss challenges and identify emerging opportunities for the business environment, in the context of the new political, economic and security climate from Europe. The Eastern Europe Summit 2022, the annual event organized by the Turnaround Management Association Europe (TMA) is being held this year in Bucharest, in partnership with TMA Romania, with the support of the National Bank of Romania. At the same time, the event also marks the 10th anniversary of the organization’s presence in our country.
In a global economy on an accelerating upward trajectory, the disruptive impact of the COVID-19 pandemic has provided a costly lesson and forced a transformation in the way the business community looks at company agility in a volatile economic climate. In the current context, where indicators are reaching record levels generating instability and major risks for the economies of the region, companies must once again test the agility acquired in the last two years to absorb the shock of a possible recession.
Uncertainties generated by the war in Ukraine and the sanctions on Russia, the disruption of supply chains, correlated with an inflation rate above the level of the last decades, prices of electricity, gas and fuels which caused a reaction of price increases in the chain with a severe impact on costs of production and transport, but also the major labor shortage, are some of the challenges to which large companies, entrepreneurs and banks must find sustainable solutions in the coming period.
The event organized by TMA in Bucharest puts on the agenda all these essential topics for discussion in the current context and looks, together with specialists and representatives of the authorities, not only for solutions but also for opportunities for the regional economy.
“An analysis by restructuring experts on the region is all the more important at this moment as the companies in our country operate today in an unprecedented economic context, shaped on the one hand by the transformations imposed by the pandemic and the personnel crisis and, on the other hand, by the effects of inflation, rising energy prices and an expected recession. It is our mission, as restructuring professionals, to identify all the tools to navigate through these changes alongside company management, in times of difficulty and in transformation or development processes”, said Vlad Năstase, CEO Concilium Consulting, Vice President for International Relations TMA Globally.
Dozens of specialists, leaders of important restructuring and turnaround consultancy firms, have announced their presence so far. The event will take place on Tuesday, September 13, at the headquarters of the National Bank of Romania, Strada Lipscani, no. 25, starting at 09:00. The complete agenda of the East European Summit 2022 as well as the registration form can be found on the website of the TMA Europe organization, in the events section https://www.tma-europe.org/conferences/2022-east-european-summit/programme/ .
Founded in 1988 in the United States, the Turnaround Management Association (TMA) is the only international non-profit association dedicated to corporate renewal and turnaround management solutions, with branches in 52 countries. Today, TMA’s global professional community consists of more than 10,000 specialists in restructuring, banking, law, investment, consulting, as well as members of academia and government. Since 2012, the association is also successfully present in Romania.