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- Title
TURNAROUND MANAGEMENT AND BUSINESS ADVISORY SERVICES PROGRAMMES.
- Authors
Antoneta, Simen
- Abstract
In this paper I present the link between TAM and BAS Programme and EBRD financing. The purpose of the TAM and BAS Programme is to promote economic transition through advice and mentoring at the enterprise level and to develop a sustainable infrastructure of business advisory services. There are strong parallels between the work of TAM and BAS and investments of the EBRD, which may invest in companies after a TAM /BAS project ends. The EBRD and its financial intermediaries have invested 722 million Euro in 163 enterprises that have received funding from TAM and BAS programme. This funding has contributed to a total project value of 1,66 billion Euro.
- Subjects
EUROPE; CORPORATE turnaround management; INVESTMENTS; MICROFINANCE; SMALL business; BUSINESS enterprises; BANKING industry; FINANCIAL institutions; EUROPEAN Bank for Reconstruction &; Development
- Publication
Annals of the University of Oradea, Economic Science Series, 2008, Vol 17, Issue 3, p524
- ISSN
1222-569X
- Publication type
Article