Restructuring of Enterprises and Competitiveness Development |
In 1997 a two-year programme with a budget of US $2M, funded by UNDP and executed by UNIDO, was agreed to assist the Albanian government with its industrial reform programme. The Albanian Government counterpart agency is the Ministry of Public Economy and Privatisation. The overall objective of the programme was to assist the Albanian industrial sector to adjust to the emerging market environment, by enhancing competitiveness and profitability. The programme assisted with the interim restructuring of state enterprises as well as provide restructuring and competitiveness development support to recently privatised and established private enterprises. In 1999, Corporate Solutions was awarded a contract by UNIDO to assign a senior restructuring specialist to act as the Chief Technical Adviser to the Ministry of Public Economy and Privatisation. They were responsible for managing a centre in Tirana, resourced by a group of international and local consultants, to offer assistance to the local enterprises. The assistance focused on carrying out diagnostic analyses of enterprises, developing restructuring strategies and providing implementation assistance. The project also addressed the need to improve the management capability at enterprise level, as well as develop the local management consulting capability |