Restructuring in Germany
The majority of the German company board members and managers take the view that the crisis has already bottomed out. They believe the worst is over and anticipate a return to growth as of 2011. However, they do see the situation for unemployment and the lending climate worsening.
These are the findings of Roland Berger Strategy Consultants' latest study on restructuring in Germany, conducted this year for the sixth time. Companies ranging from SMEs to major corporate groups in more than 14 different industries took part in the study.
The study was designed to find out how strongly and in which areas German companies are still concerned about the crisis in 2010 and how managers judge the prospects of an imminent upturn.