One of the prerequisites of DRS to begin the turnaround and restructuring process was significant change to the management and shareholders of KRIZIK. Once that happened, DRS filed a petition in court for creditors protection, which was granted. After long and difficult negotiations with creditors (and a bit of good fortune), KRIZIK’s pre-restructuring liabilities of 1,5 mil. EUR were reduced just to 51k EUR, giving the company debt reduction of 97% and a new life. During the formal restructuring process some significant turnaround actions were deployed, involving scaling down through space and employment reductions, refocus of manufacturing from electricity meters to production of metal parts and goods with the use of CNC machines, with a big orientation on auto-moto industry in Slovakia and Germany. Third phase of the engagement involved sale of part of the KRIZIK’s business to one of the customers.