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

  • CES 2021 | Connecting cities
    March 1, 2021
    Covid-19 forced the Las Vegas Convention Center to close its doors for CES 2021, but the trade show’s online debut suggests the pandemic is helping cities
  • New services and equipment helps cities tackle air quality issues
    September 19, 2017
    With poor urban air quality shortening lives and fines being imposed for breaching pollution limits, authorities are seeking ways to clean up their cities. Poor air quality is topping the agenda for city authorities across the globe. In the UK, for example, a report from the Royal Colleges of Physicians and of Paediatrics and Child Health, concluded that poor outdoor air quality shortens the lives of around 40,000 people a year – principally by undermining the health of people with heart and/or lung prob
  • Scaling up road safety analysis with Aimsun cloud simulation
    May 10, 2023
    Synthetic generation, execution, and analysis of thousands of road safety scenarios is exponentially more efficient and wider ranging than any methodology based on field data. Marcel Sala & Jordi Casas of Aimsun examine the benefits of cloud simulation for safety testing
  • Supply chain issues: AGD looks ahead
    June 2, 2022
    There are multiple causes for current global supply chain issues – and this isn’t likely to improve in the near future. Ian Hind of ITS manufacturer AGD Systems spells out how to mitigate the impact