ZIPPA, s.r.o.
![](https://www.drs.sk/wp-content/uploads/2019/09/ZIPPA-stavebny-material.jpg)
Since 1994, ZIPPA has been a leading manufacturer of high-end prefabricated building materials. Due to the collapse of the construction business in Slovakia in 2012-2015, ZIPPA sought out the help of DRS in carrying out formal restructuring of the company. The task was even harder as the timing collided with the lowest cash-flow period. Nevertheless, the outcome of DRS engagement was enormous. Total debt of ZIPPA amounting to 1,3 mil. EUR was reduced to only 0,2 mil. EUR, that is 90% of debt reduction, with the remaining part to be paid out to creditors in accordance to the restructuring plan over a period of five years. The restructuring process of ZIPPA started in 2013, and the company operates till date.
![](https://www.drs.sk/wp-content/uploads/2019/09/ZIPPA.jpg)
![](https://www.drs.sk/wp-content/uploads/2019/08/maps-and-flags2.png)
Piešťany, Slovakia
![](https://www.drs.sk/wp-content/uploads/2019/09/brick.png)
Building materials
![](https://www.drs.sk/wp-content/uploads/2019/08/euro2.png)
Restructuring
About Us
DRS is the advisory firm specializing in two core areas; corporate restructuring and turnaround solutions, as well as business growth strategies and implementation.
Contact
info@drs.sk
02 / 326 617 35
Laurinská 4, 811 01 Bratislava
Slovensko
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