TMA Global formally announced the formation of TMA Austria. Headquartered in Vienna, the chapter will reach into key Austrian business markets and further solidify TMA within Europe as the premier association for turnaround and restructuring professionals. Previously known as ReTurn, an independent Austrian expert forum for restructuring, reorganization, and turnarounds, the group is now officially TMA Austria, the 50th chapter of the organization.

“It makes me proud that we have fulfilled the requirements to become a TMA Chapter. By becoming part of this global organization, ReTurn members will have access to events, education, and experts in restructuring and turnaround worldwide,” says Mag. Thomas Jungreithmeir, Managing Board, TMA Austria. “This means we can ensure that the members of ReTurn can apply their know-how more effectively for the benefit of Austrian enterprises.”

“We are excited to welcome TMA Austria into the organization,” said Greg Fine, CEO of TMA Global. “As the organization continues to expand globally, the value TMA members receive continues to increase, thereby increasing the potential to drive business to members.”

About the Turnaround Management Association TMA Global is the leading organization dedicated to turnaround management, corporate restructuring, and distressed investing.