Carlos Gila Blog
International Recognition: TMA International Turnaround of the Year Award
The prestigious Turnaround Management Association (TMA) Annual Awards recognize excellence in turnaround management and corporate restructuring.The Chicago-based TMA, turnaround.org, has more than 9,000 members in 48 regional chapters worldwide who comprise a professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.
¿Qué se siente dirigiendo empresas? – How does it feel leading turnarounds?
Muchas veces me preguntan qué se siente dirigiendo empresas en dificultades. Mi amigo Fernando Moreno, también empresario, acaba de enviarme este video que describe bastante bien (y en 60 segundos) esta forma de vida… lo complicado y apasionante que es…y a nosotros, como Guillermo Altadill Patrón del estrella Damm, a pesar de todo…nos encanta!!
90% of the board from La Seda approved the capital increase of 300 million Euros
The expansion will be in two steps: the first by a bank restructuring and the second with a capital increase.Barcelona. (EFE). - The 90% of the shareholders of La Seda have approved at the meeting held on Thursday that the company increases capital of 300 million in two steps, the first by a bank restructuring and the second with an extension of capital.
Cutting Edge Turnaround: First spanish company successfully using the “Scheme”.
The British Court upheld today the agreed financial restructuring of La Seda de Barcelona, which is the first time a Spanish company gets to adopt a process of 'scheme of arrangement'.The company said today, with this British judge's approval culminates an intense process of negotiation with financial institutions that make up the syndicated loan, amounting to 600 million Euros.
Carlos Moreira is in line with the restructuring plan designed by Carlos Gila
The president of the company BA Vidro, Carlos Moreira, agreed with their participation in La Seda de Barcelona.Following recent agreements, BA Vidro became the new reference industrial partner of the Catalan chemistry. In this way, the economic contributions of the Portuguese company extended the capital base in order to strengthen the position of both companies in European markets.
Good explanation about the credit crisis we are experiencing
Good explanation about the credit crisis we are experiencing
Carlos Gila: projections about La Seda are promising
Taking into account the bad situation of the worldwide economy, mainly characterized by strong contractions in demand and employment, La Seda has had a successful recovery in the first half of the year.At the time of assumption of Carlos Gila, the company reached a turnover of around 521 million Euros. In percentage terms, this is an increase of about 10%, compared with the projections made.
Keys of the recovery of La Seda
La Seda de Barcelona is one of the leading companies in the PET packaging market throughout the world. Today, the company is in a restructuring process that requires a solution to the situation and that enables wise decisions to hace a good performance in a long term. For this reason is that Carlos Gila is among the members of the petrochemical industry, because his experience makes him a specialist in management of business at risk.
La Seda
Carlos Gila Lorenzo is vice president of La Seda de Barcelona, the first European group to guarantee a package from initial design to final product.La Seda de Barcelona has entered a new stage that is synonymous with integration, after several years of intense activity. That’s why the designation of Carlos Gila as vice president of the Directive Board is meant with the aim of providing a reliable way to the Restructuring Plan needed to be implemented in all sectors.
The restructuring plan of La Seda supported by Unions
The main unions representing the rights of workers have shown their support for the restructuring plan set by the Board of Directors of La Seda de Barcelona (in which participates Carlos Gila Lorenzo as vice president).