Skip to main content

Royal Imtech declared bankrupt

Royal Imtech has announced that it, Imtech Capital, Imtech and Imtech Group have been declared redundant as of 13 August. The group states that this does not affect its Traffic & Infra division. The group’s Marine and Nordic divisions have been set outside of the group under the control of Imtech's financiers with a view to their sale to third parties to ensure as much as possible the continuation of their businesses and the continued employment of their 7,300 employees. Imtech, with Visser and Smit
August 14, 2015 Read time: 1 min
Royal 769 Imtech has announced that it, Imtech Capital, Imtech and Imtech Group have been declared redundant as of 13 August. The group states that this does not affect its Traffic & Infra division.

The group’s  Marine and Nordic divisions have been set outside of the group under the control of Imtech's financiers with a view to their sale to third parties to ensure as much as possible the continuation of their businesses and the continued employment of their 7,300 employees.

Imtech, with Visser and Smit, is a member of the consortium building the Amsterdam north-south subway. According to Dutch broadcaster NOS, both companies are contractually obligated to continue work if one of the parties goes bankrupt, meaning that Visser and Smit will take over the project.

For more information on companies in this article

Related Content

  • Smoothing out city freight movements
    May 28, 2014
    David Crawford welcomes a national first. Urban freight movements, while commercially and socially vital, are a growing logistical headache for planners and people alike. Figures from France’s Lyon Laboratory of Transport Economics indicate that goods transport in major urban areas accounts for: 20% of traffic; 35% of CO2 emissions made by all urban trips; and 50% of the diesel used; while final km delivery runs account for 20% of the total cost of the transport chain.
  • Alstom-led consortium to deliver driverless light metro system to Montreal
    April 17, 2018
    An Alstom-led consortium has joined forces with Caisse de Dépôt et Placement du Québec subsidiary DCPQ Infra to deliver an automatic and driverless light metro system for the Réseau Express Métropolitain (REM) project in Montreal, Canada. Alstom will introduce train and signalling solutions to help maximise system reliability, performance, capacity and passenger experience. The consortium, called Groupe des Partenaires pour la Mobilité des Montréalais (Groupe PMM), is also working with Surveyer Nenniger
  • Need for simpler urban tolling solutions
    January 10, 2013
    A common assumption, even amongst informed observers, is that there’s but a handful of urban charging schemes in operation around the world and scant prospect of that changing any time soon. Larger city-sized schemes such as Singapore, London and Stockholm come readily to mind but if we take a wider view and also consider urban access control and Low Emission Zones (LEZs) then the picture changes rather radically. There is a notable concentration of such schemes in Europe but worldwide the number is comfort
  • Intersection management, cooperative infrastructures - what next?
    February 1, 2012
    What do recent vehicle recalls mean for future cooperative infrastructures? Anthony Smith takes a look. As ITS industry stakeholders converge on Amsterdam for the 2010 Cooperative Mobility Showcase, an unprecedentedly wide range of technologies will be on display demonstrating what might be achievable in the future from innovations based on Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communications.