Restructuring as a determinant of systemic changes in the business development process

The purpose of the study is to show the importance of restructuring in the process of systemic change of the company towards its development based on the results of scientific research and experience in business management practice. The essence, significance and types of restructuring are presented. The methodical assumptions of the company's restructuring programme were characterised. The author has adopted a hypothesis that restructuring is a universal tool for determining and directing the processes of systemic change in the company aimed at the development thereof.