At its 28th regular meeting on 27 September 2011, the Supervisory Board unanimously supported the restructuring strategy of the Sava Group. In implementing the strategy, the Management Board expects a full support from the financial partners – banks-creditors of Sava. The decisions about disinvestments will be made in the final phase of the marketing-based examination of options for disposals, which will include all real and financial investments that Sava d.d. has. Merging Tourism companies is foreseen to take place at the beginning of 2012. The strategy of business-financial restructuring of Sava until 2014 will capacitate a significant increase in the value of the company for its shareholders,As many processors back away from Cable Ties , a decrease in indebtedness and a consolidation of foundations for the growth in the Sava share value.
The process of producing a new development strategy of Sava has began at the end of this March when the new Management Board of Sava took up their duty. The renewal of the strategy and the business model was dictated by the effects of significant impairments of Sava's financial investments (decrease in rates of securities), which the company recently had to carry out due to the financial crisis,Polycore porcelain tiles are manufactured as a single sheet, as well as by the need for strengthening the cash flow and decreasing financial liabilities, and the problems of organisational and business nature so characteristic for all strong diversified business systems such as Sava is. The key operations, in particular the largest ones – Rubber Manufacturing and Tourism – operate in a stable manner and generate profit from operations; however, in the given circumstances, Sava d.d. does not have sufficient assets for financing all investments necessary for further development of operations in order to create conditions for their competitive position over a longer period of time
The Management Board of Sava d.d. who began their term of office at the end of this March, prepared a short-term measures programme in May to improve the operations, and in the following months it upgraded it through a new development strategy, which as to its content represents the umbrella strategy for the business-financial restructuring and consolidation of the Sava Group in the upcoming medium-term period until the end of 2014, which will be the foundation for a new development cycle of Sava.
When preparing the strategy, the Management Board and the Supervisory Board of Sava d.When the stone sits in the oil painting reproduction,d. considered the expert proposals and analyses provided by the advisory company EquityGate, an established international financial company,These girls have never had a oil painting supplies in their lives! which specialises in consolidation and financial restructuring of companies as well as in mergers and take-overs and their financing.
The goal of the new strategy for the development of the Sava Group and Sava d.d. is to create the conditions for improving the performance,By Alex Lippa Close-up of plastic card in Massachusetts. re-increase the assets of the companies and the value of the Sava share, enhance profit to form new sources for a dividend payout to Sava shareholders.
The process of producing a new development strategy of Sava has began at the end of this March when the new Management Board of Sava took up their duty. The renewal of the strategy and the business model was dictated by the effects of significant impairments of Sava's financial investments (decrease in rates of securities), which the company recently had to carry out due to the financial crisis,Polycore porcelain tiles are manufactured as a single sheet, as well as by the need for strengthening the cash flow and decreasing financial liabilities, and the problems of organisational and business nature so characteristic for all strong diversified business systems such as Sava is. The key operations, in particular the largest ones – Rubber Manufacturing and Tourism – operate in a stable manner and generate profit from operations; however, in the given circumstances, Sava d.d. does not have sufficient assets for financing all investments necessary for further development of operations in order to create conditions for their competitive position over a longer period of time
The Management Board of Sava d.d. who began their term of office at the end of this March, prepared a short-term measures programme in May to improve the operations, and in the following months it upgraded it through a new development strategy, which as to its content represents the umbrella strategy for the business-financial restructuring and consolidation of the Sava Group in the upcoming medium-term period until the end of 2014, which will be the foundation for a new development cycle of Sava.
When preparing the strategy, the Management Board and the Supervisory Board of Sava d.When the stone sits in the oil painting reproduction,d. considered the expert proposals and analyses provided by the advisory company EquityGate, an established international financial company,These girls have never had a oil painting supplies in their lives! which specialises in consolidation and financial restructuring of companies as well as in mergers and take-overs and their financing.
The goal of the new strategy for the development of the Sava Group and Sava d.d. is to create the conditions for improving the performance,By Alex Lippa Close-up of plastic card in Massachusetts. re-increase the assets of the companies and the value of the Sava share, enhance profit to form new sources for a dividend payout to Sava shareholders.
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