corporate workouts
German translation: Umstrukturierung
| 16:20 Sep 11, 2000 |
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|  Selected response from: Ulrike Lieder (X) Local time: 06:09 | |||
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| na | Umstrukturierung (?) |
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| na | Umstrukturierung |
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Answers
2 hrs
Umstrukturierung (?) Explanation: This sounds almost like a euphemism for "shakeout" to me. If that hunch is correct, then it would be Umstrukturierung, or Gesundschrumpfung or Verschlankung (less formally put), or even Personalabbau (but make sure I interpreted this correctly before using any of these suggestions. Kristina |
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5 hrs
Umstrukturierung Explanation: A search on "corporate workout" will yield about 140 or so hits; most of them from South East Asia. From the contents of those websites, it would seem that Kristina is right - this has to do with restructuring. See, for instance, the following: Framework for corporate restructuring. Corporate and financial restructuring takes time. In order to avoid an unnecessarily long period of uncertainty and slow growth, however, a country's government needs to enhance efforts to resolve these systemic problems. A comprehensive approach requires an active government that will eliminate obstacles to restructuring; facilitate both formal and informal debt workouts; and establish an effective new legal, regulatory, accounting, and institutional framework. http://www.imf.org/external/pubs/ft/fandd/1999/03/iskander.h... Or look at these URLs: http://www.kois.go.kr/government/issue/press-kit/1999/econom... http://nuance.dhs.org/lbo-talk/9811/0623.html Umstrukturierung would be the most "generic" translation that still conveys the meaning of the original. HTH! |
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