{"id":772525,"date":"2025-01-15T12:25:24","date_gmt":"2025-01-15T11:25:24","guid":{"rendered":"https:\/\/www.atreus.de\/?post_type=event&#038;p=772525"},"modified":"2025-03-30T17:27:29","modified_gmt":"2025-03-30T15:27:29","slug":"restructuring-in-the-automotive-industry","status":"publish","type":"event","link":"https:\/\/www.atreus.de\/en\/events\/restructuring-in-the-automotive-industry\/","title":{"rendered":"Restructuring in the automotive industry"},"content":{"rendered":"<div  class=\"zw-cgb header-standard-block is-first-block desktop-has-image mobile-has-image default-margin white-color content-right content-down zw-atr-portrait-pos-left-bottom zw-atr-landscape-pos-left-top height-default \"><div class=\"row\"><div class=\"zw-cgb-content col-12 mx-auto\"><div  class=\"header-standard-inner-container\"><div class=\"bg-image\"><span class=\"copyright-image d-none d-lg-block\">\u00a9Chaosamran Studio \u00a9VINA &#8211; stock.adobe.com<\/span><img decoding=\"async\" class=\"respnsive-img d-none d-lg-block\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure.webp\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure.webp 1920w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-768x432.webp 768w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-1024x576.webp 1024w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-480x270.webp 480w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-1440x810.webp 1440w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" style=\"aspect-ratio:1920\/1080 !important\" title=\"atreus_\"><span class=\"copyright-image d-lg-none d-block\">\u00a9Chaosamran Studio \u00a9VINA &#8211; stock.adobe.com<\/span><img decoding=\"async\" class=\"responsive-img d-lg-none d-block\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-teaser-4zu3-A.lounge-Automotive-Restructure.webp\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-teaser-4zu3-A.lounge-Automotive-Restructure.webp 823w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-teaser-4zu3-A.lounge-Automotive-Restructure-768x578.webp 768w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-teaser-4zu3-A.lounge-Automotive-Restructure-480x361.webp 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:823\/619 !important\" title=\"atreus_\"><\/div><div class=\"preheadline-container\"><div class=\"zw-breadcrumb-container black-color d-md-down-none\"><\/div><p class=\" zw-cgb preheadline zw-prevent-animation\">A\u00b7lounge Automotive &amp; Mobility<\/p><h1 class=\" zw-cgb headline zw-prevent-animation\">Restructuring in the automotive industry<\/h1><\/div><\/div><\/div><\/div><\/div><div class=\"zw-breadcrumb-container black-color d-none d-md-down-block\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"label\">c<\/span> <a href=\"https:\/\/www.atreus.de\/en\">Home<\/a><span class=\"separator\"> c <\/span><a href=\"https:\/\/www.atreus.de\/publikationen-events\/\">Events<\/a><span class=\"separator\"> c <\/span><span class=\"last\"><\/span><\/p><\/nav><\/div>\n\n\n    <div  class=\"zw-cgb  textblock black-color zw-content-pos-center  default-margin \">\n      <div class=\"row\">\n        <div class=\"zw-cgb-content col-12 g-0\">\n          <h2 class=\"zw-cgb headline \">Causes, preventive measures and legal hurdles in the event of insolvency&nbsp;<\/h2><div class=\"zw-cgb unspecified\"><\/div><p class=\" zw-cgb fulltext \">The Atreus A.Lounge Automotive Mobility on February 28, 2025 explored a question of fate for the German economy: How can the automotive industry get back on track? Moderated by Stefan Randak and Petra Becker, industry experts and practitioners discussed the causes of this development, preventive measures and the specific areas of action and success factors in the event of (impending) insolvency.&nbsp;<\/p>        <\/div>\n      <\/div>\n    <\/div>\n\n\n\n\n    <div  class=\"zw-cgb  textblock black-color zw-content-pos-center  default-margin \">\n      <div class=\"row\">\n        <div class=\"zw-cgb-content col-12 g-0\">\n          <h2 class=\"zw-cgb headline \">Did you miss the event?&nbsp;<\/h2><p class=\" zw-cgb fulltext \">Watch the re-play with the most important findings (in German):&nbsp;<\/p>        <\/div>\n      <\/div>\n    <\/div>\n\n\n\n\r\n    <div id=\"c3c6f7d0-df83-4dab-ac08-cd526830bd4a\" class=\"zw-cgb  videoEmbedBlock black-color default-margin  zw-atr-portrait-pos-default zw-atr-landscape-pos-default show-background-image\">\r\n      <div class=\"row\">\r\n        <div class=\"col-12 g-0 content-wrapper\">\r\n          <div class=\"bg-image\"><span class=\"copyright-image\"><\/span><img decoding=\"async\" class=\"zw-img d-none d-menu-block\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block.jpg\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block.jpg 1920w, https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block-768x288.jpg 768w, https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block-1024x384.jpg 1024w, https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block-480x180.jpg 480w, https:\/\/www.atreus.de\/wp-content\/uploads\/2022\/03\/teaser-background-video-block-1440x540.jpg 1440w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" style=\"aspect-ratio:1920\/720 !important\" title=\"atreus_\"><\/div><div class=\"zw-video-container embed\"><div class=\"image-container\"><span class=\"copyright-image\"><\/span><img decoding=\"async\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure.webp\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure.webp 1920w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-768x432.webp 768w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-1024x576.webp 1024w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-480x270.webp 480w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/Website-header-A.lounge-Automotive-Restructure-1440x810.webp 1440w\" sizes=\"(max-width: 750px) 100vw, 750px\" style=\"aspect-ratio:1920\/1080 !important\" title=\"atreus_\"><span class=\"play-button-image\" onClick=\"zw_create_video(&quot; &lt;div class=\\&quot;brlbs-cmpnt-container brlbs-cmpnt-content-blocker brlbs-cmpnt-with-individual-styles\\&quot; data-borlabs-cookie-content-blocker-id=\\&quot;vimeo-content-blocker\\&quot; data-borlabs-cookie-content=\\&quot;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\\&quot;&gt;&lt;div class=\\&quot;brlbs-cmpnt-cb-preset-c brlbs-cmpnt-cb-vimeo\\&quot;&gt; &lt;div class=\\&quot;brlbs-cmpnt-cb-thumbnail\\&quot; style=\\&quot;background-image: url(&#039;https:\\\/\\\/www.atreus.de\\\/wp-content\\\/uploads\\\/borlabs-cookie\\\/1\\\/brlbs-cb-vimeo-main.png&#039;)\\&quot;&gt;&lt;\\\/div&gt; &lt;div class=\\&quot;brlbs-cmpnt-cb-main\\&quot;&gt; &lt;div class=\\&quot;brlbs-cmpnt-cb-play-button\\&quot;&gt;&lt;\\\/div&gt; &lt;div class=\\&quot;brlbs-cmpnt-cb-content\\&quot;&gt; &lt;p class=\\&quot;brlbs-cmpnt-cb-description\\&quot;&gt;You are currently viewing a placeholder content from &lt;strong&gt;Vimeo&lt;\\\/strong&gt;. 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Please note that doing so will share data with third-party providers.&lt;\\\/p&gt; &lt;a class=\\&quot;brlbs-cmpnt-cb-provider-toggle\\&quot; href=\\&quot;#\\&quot; data-borlabs-cookie-show-provider-information role=\\&quot;button\\&quot;&gt;More Information&lt;\\\/a&gt; &lt;\\\/div&gt; &lt;div class=\\&quot;brlbs-cmpnt-cb-buttons\\&quot;&gt; &lt;a class=\\&quot;brlbs-cmpnt-cb-btn\\&quot; href=\\&quot;#\\&quot; data-borlabs-cookie-unblock role=\\&quot;button\\&quot;&gt;Unblock content&lt;\\\/a&gt; &lt;a class=\\&quot;brlbs-cmpnt-cb-btn\\&quot; href=\\&quot;#\\&quot; data-borlabs-cookie-accept-service role=\\&quot;button\\&quot; style=\\&quot;display: inherit\\&quot;&gt;Accept required service and unblock content&lt;\\\/a&gt; &lt;\\\/div&gt; &lt;\\\/div&gt; &lt;\\\/div&gt;&lt;\\\/div&gt;&quot;,'c3c6f7d0-df83-4dab-ac08-cd526830bd4a','vimeo-content-blocker')\"><img decoding=\"async\" loading=\"lazy\" width=\"60\" height=\"70\" alt=\"AtreusPlay\" src=\"https:\/\/www.atreus.de\/wp-content\/themes\/zw-atr-theme\/assets\/images\/Play_Button_wei\u00df.png\" title=\"atreus_\"><\/span><\/div><\/div>        <\/div>\r\n      <\/div>\r\n    <\/div>\r\n\r\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div  class=\"zw-cgb row  columnmaster020 default-margin \"><div class=\"columnmaster-inner-content g-0\">    <div  class=\"zw-cgb no-image-layout columnblock white-color has-icon  blue-400 \">\n      <div class=\"zw-cgb zw-cgb-content\">\n\n        <div class=\"column-content\"><div class=\"inner-content\"><div class=\"icon-container\"><span class=\"atr-icon\">j<\/span><h2 class=\" zw-cgb headline h4\">Event\u00a0\u00a0<\/h2><\/div><p class=\" zw-cgb fulltext \">February 28, 12:30 p.m. to 2:00 p.m.&nbsp;&nbsp;<\/p><p class=\" zw-cgb fulltext \">Welcome and speaker introduction&nbsp;&nbsp;<\/p><p class=\" zw-cgb fulltext \">Discussion with Joachim Herr, Journalist for the B\u00f6rsen-Zeitung, Bernd Richter, Managing Director and Partner at Pluta Rechtsanwalts- und Managementgesellschaft [law firm and management company], and G\u00fcnter Kiefer, Atreus Manager&nbsp;&nbsp;<\/p><p class=\" zw-cgb fulltext \">Questions from the audience&nbsp;&nbsp;<\/p><\/div><\/div>      <\/div>\n    <\/div>\n    <div  class=\"zw-cgb no-image-layout columnblock white-color has-icon  blue-600 \">\n      <div class=\"zw-cgb zw-cgb-content\">\n\n        <div class=\"column-content\"><div class=\"inner-content\"><div class=\"icon-container\"><span class=\"atr-icon\">l<\/span><h2 class=\" zw-cgb headline h4\">Topic<\/h2><\/div><p class=\" zw-cgb fulltext \">Major manufacturers such as Volkswagen and Nissan, but also leading suppliers such as ZF and Bosch, are in the process of cutting thousands of jobs as part of the current challenges. Medium-sized companies often face even greater hurdles: While some, such as Schneider Automotive or Leoni, are taken over, others, such as WKW and Eissmann, slide into insolvency.&nbsp;&nbsp;<\/p><p class=\" zw-cgb fulltext \">Under the moderation of Stefan Randak, Head of the Atreus Solution Group Automotive &amp; Mobility, renowned experts and industry insiders will discuss key issues relating to this change:&nbsp;&nbsp;<\/p><ul class=\"zw-cgb-ul fulltext \"><li class=\"\">Where does the imbalance in the supplier industry come from?&nbsp;&nbsp;<\/li><li class=\"\">What preventive measures can companies take?&nbsp;&nbsp;<\/li><li class=\"\">Impending insolvency &#8211; what factors need to be considered?&nbsp;&nbsp;<\/li><li class=\"\">Insolvency under self-administration &#8211; how is it handled in practice?&nbsp;&nbsp;<\/li><\/ul><\/div><\/div>      <\/div>\n    <\/div>\n    <div  class=\"zw-cgb no-image-layout columnblock white-color has-icon  blue-900 \">\n      <div class=\"zw-cgb zw-cgb-content\">\n\n        <div class=\"column-content\"><div class=\"inner-content\"><div class=\"icon-container\"><span class=\"atr-icon\">k<\/span><h2 class=\" zw-cgb headline h4\">Automotive und Mobility<\/h2><\/div><p class=\" zw-cgb fulltext \">Leading companies through difficult times requires resilient professionals with strength and tact.&nbsp;&nbsp;<\/p><p class=\" zw-cgb fulltext \">We support you with challenges in the automotive sector:&nbsp;&nbsp;<\/p><\/div><div class=\"zw-cgb zw-cgb-button-container text-center\"><a class=\"zw-cgb btn btn-primary prm-button\" href=\"https:\/\/www.atreus.de\/en\/industries\/automotive\/\">Atreus Industry Automotive<\/a><\/div><\/div>      <\/div>\n    <\/div>\n<\/div><\/div>\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n    <div  class=\"zw-cgb    infoblock default-margin black-color  \">\n      <div class=\" row\">\n        <div class=\"zw-cgb-content has-padding col-12\">\n          <div class=\"preheadline-container parent-has-padding\"><p class=\" zw-cgb preheadline ' .  . '\">Atreus Roundtable Digital<\/p><\/div><div class=\"inner-content parent-has-padding\"><h2 class=\" zw-cgb headline\">\u00a0\u00a0The most important findings in eight statements:\u00a0\u00a0<\/h2><p class=\" zw-cgb fulltext \"><\/p><div class=\"link-container\"><\/div><\/div>        <\/div>\n      <\/div>\n    <\/div>\n\n\n<div id=\"parent94242\"class=\"zw-cgb halb-halb-headline-text-block-135 default-margin \"><div class=\"row\">    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 leftBlock order-1 blue-400 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">n<\/span><h2 class=\" zw-cgb headline\">1. The German automotive industry has underestimated the market in China.\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">Joachim Herr, B\u00f6rsen-Zeitung&#8217;s correspondent in Munich, makes it clear that China is by far the most important automotive market in the world &#8211; and at the same time represents the greatest challenge for German manufacturers. &#8220;In China, it&#8217;s no longer about a few horsepower more or less. Customers there expect special features, software integration and convenience functions such as karaoke systems.&#8221; Many German manufacturers achieve between 30 and 40 percent of their sales in China. However, they are suffering from the economic slowdown in China &#8211; particularly the real estate crisis &#8211; and falling sales figures. The declines in sales, turnover and EBIT are a clear signal: German manufacturers have relied too much on previous successes and failed to adapt to new customer expectations.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div>    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 rightBlock order-2 blue-600 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">o<\/span><h2 class=\" zw-cgb headline\">2. The uncertainty surrounding combustion engines and e-mobility is damaging the industry.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">German manufacturers are also struggling with the uncertainty surrounding the future of the combustion engine. &#8220;The EU&#8217;s ban on combustion engines as of 2035 is on the brink, but the parallel production of combustion engines and e-cars means enormous additional costs for manufacturers. This two-pronged strategy is a burden on the entire industry,&#8221; says Joachim Herr. While government purchase incentives for electric cars are driving the market in China, there is a lack of comparable impetus in Germany following the sudden withdrawal of subsidies at the end of 2023. &#8220;German manufacturers are losing one percentage point of market share every month &#8211; and that&#8217;s just the beginning,&#8221; warns Atreus partner Stefan Randak.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n\n<div id=\"parent82688\"class=\"zw-cgb halb-halb-headline-text-block-135 default-margin \"><div class=\"row\">    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 leftBlock order-1 blue-400 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">n<\/span><h2 class=\" zw-cgb headline\">\u00a0\u00a03. Manufacturers and suppliers must act now: Adjust capacities, optimize processes, reduce costs.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">The experts were unanimous: German automotive companies must react now in order to prepare for the future. Atreus Director Petra Becker outlines the four key areas of action:<\/p><ul class=\"zw-cgb-ul fulltext \"><li class=\"\">Capacity: Adjust production capacities, close or relocate plants&nbsp;&nbsp;<\/li><li class=\"\">Processes: Increase efficiency through standardization, digitalization and lean management&nbsp;&nbsp;<\/li><li class=\"\">Costs: Optimize personnel expenses, warehousing and supplier contracts&nbsp;&nbsp;<\/li><li class=\"\">Liquidity: Factoring, sale-and-lease-back models and close coordination with banks ensure financial stability&nbsp;&nbsp;<\/li><\/ul><div class=\"link-container\"><\/div><\/div><\/div><\/div>    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 rightBlock order-2 blue-600 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">o<\/span><h2 class=\" zw-cgb headline\">4.\u00a0 Automotive companies must constantly put themselves to the test.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">&#8220;Every company should undergo a permanent fitness program,&#8221; says Atreus Director Petra Becker. The question should be: How lean, flexible and digital are we really? The supply chain in particular requires a robust yet agile strategy &#8211; because the days of stable global supply chains are over and companies need to prepare for alternative sources of supply and regional production. In particular, suppliers that are heavily dependent on individual customers urgently need to rethink their strategy. In addition, says Becker, manufacturers should concentrate on their core activities.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n\n\n\n<div id=\"parent96464\"class=\"zw-cgb halb-halb-headline-text-block-135 default-margin \"><div class=\"row\">    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 leftBlock order-1 blue-900 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">u<\/span><h2 class=\" zw-cgb headline\">5.\u00a0 Bureaucratic hurdles and high production costs are jeopardizing Germany as an automotive location.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">Production costs in Germany are no longer competitive. B\u00f6rsen-Zeitung journalist Joachim Herr observes that many companies are increasingly questioning their locations in Germany. &#8220;Mercedes is relocating parts of its production to Hungary because manufacturing costs there are 70 percent lower than in Germany.&#8221; Bureaucratic hurdles are also a burden on the automotive industry. &#8220;Many SMEs are despairing of regulatory requirements that restrict their economic room for maneuver,&#8221; says Herr. An expandable battery-charging infrastructure and so-called range anxiety also remain obstacles.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div>    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 rightBlock order-2 blue-400 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">k<\/span><h2 class=\" zw-cgb headline\">6. Insolvency doesn&#8217;t have to mean ruin \u2013 strategic restructuring can save companies.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">Bernd Richter, auditor and managing partner of PLUTA Rechtsanwalts GmbH, points out that more than 90 percent of all insolvencies in Germany are triggered by inability to pay. A rule of thumb: &#8220;If there are 100 euros in the cash register but liabilities of 110 euros are due, then the red line has been crossed. From this point, the company only has three weeks to find a solution &#8211; or it has to file for insolvency.&#8221; Many companies react too late in this critical phase. The so-called &#8220;twilight zone&#8221; is particularly dangerous: a period in which managing directors already know that their company is insolvent but are hesitant to file for insolvency. &#8220;There are personal liability risks at this stage. If you act too late, you risk delaying insolvency,&#8221; warns Richter.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div id=\"parent87166\"class=\"zw-cgb halb-halb-headline-text-block-135 default-margin \"><div class=\"row\">    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 leftBlock order-1 blue-600 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">j<\/span><h2 class=\" zw-cgb headline\">7. The role of the CRO as a crisis controller is crucial.\u00a0\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">In restructuring processes or insolvencies, the Chief Restructuring Officer (CRO) is often the decisive factor for a successful reorganization. Experienced CRO G\u00fcnter Kiefer describes the challenges: &#8220;When insolvency becomes public, panic often breaks out. Employees are insecure, customers and suppliers are skeptical &#8211; and management is often overwhelmed.&#8221; This is where the CRO comes in: As an experienced, neutral crisis manager, he coordinates between the creditors&#8217; committee, trustee, management, investors, employees and works councils in the event of insolvency, for example. &#8220;The CRO ensures transparency, clear communication and quick decisions. This is essential in order to maintain trust and keep the company capable of acting,&#8221; explains Kiefer.&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div>    <!--  block -->\n    <div class=\"half-content has-padding col-lg-6 col-12 rightBlock order-2 blue-900 white-color has-icon has-headline \"><div class=\"icon-container\"><span class=\"atr-icon\">r<\/span><h2 class=\" zw-cgb headline\">8. If you act too late, you lose control &#8211; early restructuring is crucial.\u00a0\u00a0<\/h2><\/div><div class=\"content-container\"><div class=\"inner-content parent-has-padding\"><p class=\" zw-cgb fulltext \">The most important success factor for successful restructuring is early action. Many companies ignore the first signs of the crisis for too long. &#8220;If you talk to banks, investors and stakeholders at an early stage, you can often prevent or actively manage insolvency,&#8221; emphasizes Bernd Richter. The key is not to get lost in individual measures, but to develop a clear strategy &#8211; and to implement it consistently.&nbsp;&nbsp;<\/p><div class=\"link-container\"><\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n\n\n    <div  class=\"zw-cgb    infoblock default-margin black-color  \">\n      <div class=\" row\">\n        <div class=\"zw-cgb-content has-padding col-12\">\n          <div class=\"inner-content parent-has-padding\"><h2 class=\" zw-cgb headline\">\u00a0\u00a0Our experts and panelists\u00a0<\/h2><div class=\"link-container\"><\/div><\/div>        <\/div>\n      <\/div>\n    <\/div>\n\n\n\r\n    <div  class=\"zw-cgb  extern-zitat-block black-color default-margin  \">\r\n      <div class=\"row zitat-row\">\r\n        <div class=\" image-container g-0 order-1 order-lg-2  col-menu-3 col-12 \">\r\n\r\n          <div class=\"bg-image\">\r\n            <span class=\"copyright-image\"><\/span><img decoding=\"async\" class=\"responsive-img\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/her-jo.jpg\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/her-jo.jpg 484w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/her-jo-150x150.jpg 150w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/her-jo-480x480.jpg 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:484\/484 !important\" title=\"atreus_\">          <\/div>\r\n\r\n          <div class=\"zitat-img-text-container\"><div class=\"zitat-name-container fulltext\"><span>Joachim Herr<\/span><\/div><div class=\"zitat-discription-container fulltext\"><span>Journalist B\u00f6rsen-Zeitung<\/span><\/div><\/div>\r\n        <\/div>\r\n        <div class=\"g-0 zitat-text-container order-2 order-lg-1 col-menu-9 col-12 \">\r\n          <p class=\" zw-cgb fulltext \">Joachim Herr has been a journalist for many years and works for the internationally renowned B\u00f6rsen-Zeitung. He has been covering the automotive industry for many years as part of the magazine&#8217;s editorial team in southern Germany and has published numerous pertinent and highly regarded articles on the subject.&nbsp;<\/p>                  <\/div>\r\n      <\/div>\r\n    <\/div>\r\n\n\n\r\n    <div  class=\"zw-cgb  extern-zitat-block black-color default-margin  \">\r\n      <div class=\"row zitat-row\">\r\n        <div class=\" image-container g-0 order-1  col-menu-3 col-12 \">\r\n\r\n          <div class=\"bg-image\">\r\n            <span class=\"copyright-image\"><\/span><img decoding=\"async\" class=\"responsive-img\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/ric-be.jpg\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/ric-be.jpg 484w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/ric-be-150x150.jpg 150w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/ric-be-480x480.jpg 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:484\/484 !important\" title=\"atreus_\">          <\/div>\r\n\r\n          <div class=\"zitat-img-text-container\"><div class=\"zitat-name-container fulltext\"><span>Bernd Richter<\/span><\/div><div class=\"zitat-discription-container fulltext\"><span>MBA, tax consultant, auditor, managing partner of PLUTA Rechtsanwalts GmbH, managing director and partner of PLUTA Rechtsanwalts GmbH, managing director of PLUTA Management GmbH\u00a0<\/span><\/div><\/div>\r\n        <\/div>\r\n        <div class=\"g-0 zitat-text-container order-2 col-menu-9 col-12 \">\r\n          <p class=\" zw-cgb fulltext \">Bernd Richter is managing director, partner, auditor and tax consultant at the well-known Munich law firm PLUTA. He advises medium-sized companies in special situations. His focus is on pre-insolvency restructuring advice and M&amp;A transactions. Due to numerous industry-specific projects, Bernd Richter also has extensive know-how in the automotive industry.&nbsp;<\/p>                  <\/div>\r\n      <\/div>\r\n    <\/div>\r\n\n\n\r\n    <div  class=\"zw-cgb  extern-zitat-block black-color default-margin  \">\r\n      <div class=\"row zitat-row\">\r\n        <div class=\" image-container g-0 order-1 order-lg-2  col-menu-3 col-12 \">\r\n\r\n          <div class=\"bg-image\">\r\n            <span class=\"copyright-image\"><\/span><img decoding=\"async\" class=\"responsive-img\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/kie-gu.jpg\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/kie-gu.jpg 484w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/kie-gu-150x150.jpg 150w, https:\/\/www.atreus.de\/wp-content\/uploads\/2025\/01\/kie-gu-480x480.jpg 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:484\/484 !important\" title=\"atreus_\">          <\/div>\r\n\r\n          <div class=\"zitat-img-text-container\"><div class=\"zitat-name-container fulltext\"><span>G\u00fcnter Kiefer<\/span><\/div><div class=\"zitat-discription-container fulltext\"><span>Atreus Manager<\/span><\/div><\/div>\r\n        <\/div>\r\n        <div class=\"g-0 zitat-text-container order-2 order-lg-1 col-menu-9 col-12 \">\r\n          <p class=\" zw-cgb fulltext \">G\u00fcnter Kiefer is an experienced CEO and CRO. Among other things, he advises companies on insolvency in self-administration. In 2019\/2020, he worked as interim CRO for the renowned automotive supplier Weber Automotive in insolvency under self-administration.&nbsp;<\/p>                  <\/div>\r\n      <\/div>\r\n    <\/div>\r\n\n\n\n\n    <div  class=\"zw-cgb    infoblock default-margin black-color  \">\n      <div class=\" row\">\n        <div class=\"zw-cgb-content has-padding col-12\">\n          <div class=\"inner-content parent-has-padding\"><h2 class=\" zw-cgb headline\">Atreus Host<\/h2><div class=\"link-container\"><\/div><\/div>        <\/div>\n      <\/div>\n    <\/div>\n\n\n<div id=\"anmeldung\"class=\"zw-cgb speaker-160 team-member black-colordefault-margin #anmeldung\"><div class=\"zw-cgb-content member-row row\">\r\n\r\n    <div class=\"col-menu-3 col-lg-4 col-md-6 col-12 single-team-member px-0 intern-view \">\r\n    <a href=\"https:\/\/www.atreus.de\/en\/team-en\/stefan-randak\/\">\r\n\r\n    <div class=\" image-container g-0\">\r\n      <div class=\"img-with-gradient\">\r\n\r\n        <img decoding=\"async\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2023\/07\/ran-st-v1.png\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2023\/07\/ran-st-v1.png 555w, https:\/\/www.atreus.de\/wp-content\/uploads\/2023\/07\/ran-st-v1-480x600.png 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:555\/694 !important\" title=\"atreus_\">        <div class=\"linear-gradient-container\"><\/div>\r\n      <\/div>\r\n\r\n      <\/a>      <div class=\"team-member-content\"><div class=\"team-member-name fulltext\"><a href=\"https:\/\/www.atreus.de\/en\/team-en\/stefan-randak\/\"><span>Stefan  Randak<\/span><\/a><\/div><div class=\"team-member-description fulltext\"><a href=\"https:\/\/www.atreus.de\/en\/team-en\/stefan-randak\/\"><span>Partner and Head of Solution Group Automotive &#038; Mobility<\/span><\/a><\/div><div class=\"team-member-phone\"><a href=\"tel:+49 89 452249-390\"><span>+49 89 452249-390<\/span><\/a><\/div><div class=\"team-member-icon-container\"><div class=\"team-member-email\"><a class=\"atreus-font\" href=\"mailto:Stefan.Randak@atreus.de\">h<\/a><\/div><div class=\"team-member-linkedin\"><a class=\"atreus-font\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/stefan-randak\/\" rel=\"noopener\">3<\/a><\/div><\/div><\/div>    <\/div>\r\n\r\n    <\/div>\r\n\r\n\r\n\r\n    <div class=\"col-menu-3 col-lg-4 col-md-6 col-12 single-team-member px-0 intern-view \">\r\n    <a href=\"https:\/\/www.atreus.de\/en\/team-en\/petra-becker\/\">\r\n\r\n    <div class=\" image-container g-0\">\r\n      <div class=\"img-with-gradient\">\r\n\r\n        <img decoding=\"async\" loading=\"lazy\" alt=\"atreus_\" src=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2024\/07\/bec-pe.png\" srcset=\"https:\/\/www.atreus.de\/wp-content\/uploads\/2024\/07\/bec-pe.png 555w, https:\/\/www.atreus.de\/wp-content\/uploads\/2024\/07\/bec-pe-480x600.png 480w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" style=\"aspect-ratio:555\/694 !important\" title=\"atreus_\">        <div class=\"linear-gradient-container\"><\/div>\r\n      <\/div>\r\n\r\n      <\/a>      <div class=\"team-member-content\"><div class=\"team-member-name fulltext\"><a href=\"https:\/\/www.atreus.de\/en\/team-en\/petra-becker\/\"><span>Petra Becker<\/span><\/a><\/div><div class=\"team-member-description fulltext\"><a href=\"https:\/\/www.atreus.de\/en\/team-en\/petra-becker\/\"><span>Director<\/span><\/a><\/div><div class=\"team-member-phone\"><a href=\"tel:+49 89 452249-341\"><span>+49 89 452249-341<\/span><\/a><\/div><div class=\"team-member-icon-container\"><div class=\"team-member-email\"><a class=\"atreus-font\" href=\"mailto:petra.becker@atreus.de\">h<\/a><\/div><div class=\"team-member-linkedin\"><a class=\"atreus-font\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/petra-becker\/\" rel=\"noopener\">3<\/a><\/div><\/div><\/div>    <\/div>\r\n\r\n    <\/div>\r\n\r\n<\/div><\/div>\n\n\n\n\n\n","protected":false},"author":18,"featured_media":727250,"menu_order":0,"template":"","newsticker-publication":[573],"competences":[395],"industry-sectors":[368],"typ-event":[451,454],"kind-event":[],"class_list":["post-772525","event","type-event","status-publish","has-post-thumbnail","hentry","competences-restructuring","industry-sectors-automotive-en","typ-event-a-lounge-en","typ-event-roundtable-en"],"_links":{"self":[{"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/event\/772525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/event"}],"about":[{"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/types\/event"}],"author":[{"embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/users\/18"}],"version-history":[{"count":0,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/event\/772525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/media\/727250"}],"wp:attachment":[{"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/media?parent=772525"}],"wp:term":[{"taxonomy":"newsticker-publication","embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/newsticker-publication?post=772525"},{"taxonomy":"competences","embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/competences?post=772525"},{"taxonomy":"industry-sectors","embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/industry-sectors?post=772525"},{"taxonomy":"typ-event","embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/typ-event?post=772525"},{"taxonomy":"kind-event","embeddable":true,"href":"https:\/\/www.atreus.de\/en\/wp-json\/wp\/v2\/kind-event?post=772525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}