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Reorganization. Fewer state-sponsored companies in 2021

The Interagency Committee on Industrial Reconstruction (Ciri), which helps companies with more than 400 employees in difficulty, received 34 new files in 2021, up from 70 in 2020 at the start of the health crisis, according to its annual report released on Tuesday. With a corporate restructuring that could take more than a year, Ciri processed 82 files last year that represent more than 150,000 jobs, including “Extending the duration of friendly procedures determined during a health crisis” As well as “the complexity of certain files– says the report.

Twenty-five of those cases had favorable results – 46,513 jobs, while 56 cases weighing more than 100,000 jobs are still in progress, և one file, representing 1,750 jobs, ended in failure, according to the interagency commission. Ciri activity remains higher than before the crisis. In 2019, the commission intervened in 64 companies.

In the first half of 2021, as in 2020, files were concentrated from companies in the areas most affected by the health crisis: tourism, air transport, and retail. But “The second half of 2021 was marked by an increase in industrial file redirects“, Reports Ciri, which details that we are talking about companies in particular.Problems with the supply of electronic components աճ inflation իայի cost of raw materialseven before the start of the Ukrainian war.

Free support for companies to conduct audits

Ciri offers free assistance to companies to carry out audits, to intervene, to organize their tax and social security debts; it can provide loans exclusively from the Economic and Social Development Fund (Fdes), but the state intervention as a creditor must be carried out as follows: conditions similar to those of private financiers to comply with European rules. Most often, Ciri’s actions fall within the scope of prevention procedures (ad hoc mandate or conciliation), the confidentiality of which is guaranteed by the Commercial Code.

Source: Le Figaro

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