Skip to main content

Imtech Germany files for insolvency

Royal Imtech has announced that its German subsidiary Imtech Germany has filed for insolvency in the German courts. It stresses that this filing only relates to Imtech Germany. In light of these developments and the resulting potential conflicts of interest, Felix Colsman, chairman of the board of Imtech Germany, has decided to step down as member of the Board of Royal Imtech. Colsman will remain chairman of the board of Imtech Germany. Royal Imtech is evaluating the current situation and its consequ
August 7, 2015 Read time: 1 min
Royal 769 Imtech has announced that its German subsidiary Imtech Germany has filed for insolvency in the German courts. It stresses that this filing only relates to Imtech Germany.

In light of these developments and the resulting potential conflicts of interest, Felix Colsman, chairman of the board of Imtech Germany, has decided to step down as member of the Board of Royal Imtech. Colsman will remain chairman of the board of Imtech Germany.

Royal Imtech is evaluating the current situation and its consequences and is considering all options and will update the market as soon as possible more specifically on the consequences of these developments.

For more information on companies in this article

Related Content

  • Study calls Inrix off-street parking the ‘clear winner’ in US and Europe
    January 21, 2016
    An independent off-street parking benchmark study carried out by automotive technology research firm SBD has concluded that ParkMe, an Inrix company, beat Parkopedia in data accuracy across the key attribute categories in five cities in the US and Germany. According to the study, overall, ParkMe was 12 per cent more accurate than Parkopedia across a set of core attributes that are essential to automakers for customer satisfaction. Most important, ParkMe was 23 per cent more accurate providing the precise
  • Consumer telematics driving automotive electronics
    February 3, 2012
    This year's Consumer Electronics Show in Las Vegas was characterised by consumer telematics solutions, writes Dave McNamara
  • Esri highlights benefits of a state-wide data-rich environment
    September 7, 2020
    Walk into virtually any traffic operations centre and you will be confronted by people flipping between different screens and CCTV monitors, and individually viewing a large number of stand-alone applications to try to understand a comprehensive picture of their live traffic, weather, incident, and snow conditions from these disparate sources.
  • ASECAP widens its influence and fosters debate in Dubrovnik
    August 5, 2013
    Jason Barnes reports from the ASECAP Days 2013 event, which took place in Dubrovnik. ASECAP, the European tolling association held its 41st annual Study and Information Days event in Dubrovnik, Croatia, which attracted more than 200 figures from the road infrastructure sector in Europe and beyond. A series of presentations over two days brought attendees up to date with developments in a variety of policy and technology fields and discussed a number of developing and new topics, such as GNSS-based tolling a