For concordat application, a preliminary project must first be prepared. This project includes in detail how the financial situation of the company will be improved in case the required maturity is given and/or discounts are made, and with what resources and on what terms it will pay its debts. With the projects we have prepared, many companies have been saved from bankruptcy and regained the ability to pay their debts.
In order to apply for concordat, the preliminary project must be linked to a reasonable assurance report by Independent Audit firms. This report reveals whether the financial statements presented in the project reflect reality or not, along with evidence.