Management consulting

Hire a turnaround advisor in Greece and Cyprus

For a company under pressure, sequence matters: cash first, then cost and portfolio decisions, then a plan lenders and shareholders can back.

A turnaround advisor works with companies whose numbers are moving the wrong way, and the work is more method than drama. Cash discipline comes first, because cash buys the time everything else needs. Then come the cost and portfolio decisions the situation requires, made on evidence. Then a plan that creditors and shareholders can examine and back. Starting the sequence early keeps options open; waiting narrows them.

The turnaround advisors on Hellenic Talent come from Big 4 restructuring practices, top consultancies, and senior industry roles. Their experience has a local shape: how Greek and Cypriot banks behave when a borrower is under strain, and what a credible plan looks like to a credit committee here.

What does a turnaround advisor actually do?

  • Establish a reliable rolling cash forecast and the discipline to manage to it
  • Separate what stabilises the business now from what can wait
  • Prepare cost and portfolio options with honest numbers behind each
  • Build a turnaround plan lenders, creditors, and shareholders can assess on its merits
  • Prepare management for bank conversations, drawing on experience of Greek lenders
  • Keep the leadership team running the business while the plan takes shape

How to choose the right turnaround advisor

What to test in the first conversation, whoever you end up hiring.

  1. Real turnarounds behind them

    Has carried turnarounds before, in the seat or beside it, not only modelled them.

  2. First-hand with local banks

    Knows the Greek and Cypriot banking and restructuring context first-hand.

  3. No standard playbook

    Starts from cash and evidence, not from a standard restructuring template.

  4. Steadies the management team

    Communicates in a way that steadies management rather than alarming it.

  5. Straight with the owners

    Realistic with shareholders about what the situation is and what it is not.

Related roles

Tell us what you are trying to get done

A short call is enough to understand the situation and tell you honestly whether the network has the right turnaround advisor for it.

Engagements run remote, hybrid, or on-site, for clients in Greece, Cyprus, and the rest of the world.