Glossary entry

Italian term or phrase:

obiettivi di risanamento

English translation:

turnaround objectives

Added to glossary by EirTranslations
Jan 15, 2018 20:59
6 yrs ago
2 viewers *
Italian term

obiettivi di risanamento

Italian to English Bus/Financial Business/Commerce (general)
In this context many thanks (I've seen there is a similar kudos but it doesn't apply here)

Insolvenza conclamata e istanza di liquidazione giudiziaria.
Se gli amministratori non ravvedono la possibilità di adire ad una delle procedure di regolazione della crisi e dell’insolvenza o queste ultime non hanno sortito l’esito sperato, la società viene a trovarsi nella Fase finale del processo denominata dell’insolvenza conclamata.La situazione risulta ormai irreversibile, non sono più utilmente perseguibili obiettivi di risanamento, né sono disponibili mezzi finanziari freschi sufficienti ad implementare una liquidazione concordata.

Proposed translations

+1
14 hrs
Selected

turnaround objectives

If a company is consistently making a loss you either turn it around from loss into profit or you liquidate it.

https://www.investopedia.com/terms/t/turnaround.asp
As investopedia explains:

"What does 'Turnaround' mean
A turnaround is the financial recovery of a company that has been performing poorly for an extended time. To effect a turnaround, a company must acknowledge and identify its problems, consider changes in management, and develop and implement a problem-solving strategy. In some cases, the best strategy may be to cut losses by liquidating the company rather than trying to turn it around."



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Note added at 14 hrs (2018-01-16 11:54:38 GMT)
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As an after thought, you could just say "objectives to save the company"
Peer comment(s):

agree Peter Cox
1 day 2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thx"
12 mins

restructuring [objectives}

I would probably leave out "objectives".

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Note added at 15 mins (2018-01-15 21:14:26 GMT)
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https://books.google.ca/books?id=I7ZVKDELA14C&pg=PT85&lpg=PT...
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+2
6 mins

financial reconstruction

Libro Di Consultazione: Rizzoli Grande Larousse

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Note added at 19 mins (2018-01-15 21:18:54 GMT)
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"financial reconstruction goals"
Peer comment(s):

agree philgoddard : We've had this several times before in similar contexts.
4 mins
Thank you, phil. This is the first time I've encountered it.
neutral James (Jim) Davis : I would say you talk about the financial reconstruction of a country after a crisis or depression: https://www.google.com/search?num=50&source=hp&ei=yuZdWtKPLY...
14 hrs
agree Peter Cox
1 day 16 hrs
Thank you, Peter.
Something went wrong...
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