News & Press
TMA Europe Annual Conference - Post Conference Review
22 March 2019
A highlight in the European event calendar, the Turnaround Management Association's Annual European Conference attracts over 150 international turnaround professionals from across Europe, the USA and beyond. The conference was held at the Heritage-listed five-star-superior Palais Hansen Kempinski is located at Schottenring, right at the famous Ring Boulevard.
The perfect way to start the conference - The Pre-Conference Dinner was set against the backdrop of one of Vienna’s finest vineyards, Das Schreiberhaus.
Read the conference summary below:
TMA Europe’s 12th Annual European Conference convened in Vienna, Austria on 17th May, bringing the TMA Big Tent Tour to 140 corporate restructuring and renewal, and corporate health professionals from 21 countries, making it a truly cross-border gathering.
Commencing with an informal pre-conference dinner at Das Schreiberhaus, a local vineyard, the scene was set for guests to forge new and existing business relationships, setting the course for plenty of peer-to-peer networking throughout the event.
The Conference programme focused on Taking Cross Border Turnaround to the Next Level, kickstarted by Stefan Bruckbauer, Chief Economist, UniCredit Bank Austria responding to ‘is a long economic upswing coming to an end?’ We are certainly in interesting times economically and Mr Bruckbauer’s insights were very well received, with a healthy dose of humour, by the audience.
Throughout the day, industry experts and thought leaders shared their knowledge about cross border turnaround including an update on the European Directive, a new legal framework for cross border deals.
Agrokor, the Croatian food and retail group and one of the country’s largest employers, took the audience through their successful and highly complex restructuring.
The Successful Cross Border Industry Integration panel debated the complexities that legal, financial and cultural variances bring to a deal and how to successfully manage a positive outcome.
We took a Deep Dive into Retail, looking at how the retail landscape is constantly morphing and presenting challenges on a regular basis.
Scott Stuart, CEO, TMA Global hosted a panel conversation debating The Future of Turnaround and how to navigate cross-generational change from a variety of angles, including at a human level and how technology will likely influence change.
Concluding with an interactive roundtable session, niche topics for discussion were Is Fashion Out of Fashion? Invitation to the Third Wave of Early Warning Europe, and Greece and CSE – the big turnaround opportunity.