Also means
to restructure
Usage Note
Ristrutturare is the standard term for renovating a building or apartment (ristrutturare casa) and also for reorganizing a company (ristrutturare l'azienda). In compound tenses it takes avere (ha ristrutturato). The noun form ristrutturazione is very common in both real-estate and business contexts. Do not confuse with restaurare, which is used specifically for artistic or historical restoration.
Examples
"Hanno ristrutturato il vecchio appartamento."
Natural Translation
They renovated the old apartment.

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