Why do we need to help companies in distress?
Each year more than 200.000 EU businesses are facing insolvency, and 1,7 million jobs are lost in the EU due to insolvency. Moreover, the risk of bankruptcy is what Europeans fear most about setting up a new business: 43% of Europeans would not start a business if it might fail compared with just 19% in the United States.
Based on European Best Practice
Experience from Early Warning Denmark, TEAM U in Germany and Dyzo in Belgium show that free and impartial guidance for companies in distress has a positive impact - not only on the survival chances and financial performance of the companies, but also on society. The implementation of Early Warning mechanisms across Europe is based on European best practice, and will help save jobs, promote growth and improve public finances.
On this webpage we continuously share the latest news for the Early Warning Europe project.
Do you see yourself at the forefront of a pan-European cooperation providing assistance to companies in distress? Are you enterprising and ambitious, yet also highly systematic?
If so, we are offering you a unique opportunity to play a pivotal role in promoting the right conditions and opportunities for companies in distress at international level as a project manager for Early Warning Europe.
On 8th November Unione Industriale Torino had its second wave of training for volunteer mentors. The day was structured in a very similar way compared to the other training organised in May. UIT decided to have another training in order to allow every volunteer to receive some information.
Unione Industriale di Torino, the Italian partner of Early Warning Europe, just lauched the Early Warning Italy website. Now all relevant information about the project is available for the italian compies in distress and all interested stakeholders.
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