Skip to main content

Update on Royal Imtech

Further to its recent press releases, Royal Imtech has announced that negotiations with its financiers have not resulted in an agreement on additional financing. Royal Imtech will continue to evaluate the situation and its consequences and is considering options to preserve as much of the group as possible and will update the market as soon as possible if and when further decisions are made.
August 10, 2015 Read time: 1 min
Further to its recent press releases, Royal 769 Imtech has announced that negotiations with its financiers have not resulted in an agreement on additional financing.
 
Royal Imtech will continue to evaluate the situation and its consequences and is considering options to preserve as much of the group as possible and will update the market as soon as possible if and when further decisions are made. 

For more information on companies in this article

Related Content

  • US IntelliDrive cooperative infrastructure programme
    February 2, 2012
    The 'rebranding' of the US's Vehicle-Infrastructure Integration programme as IntelliDrive marks an effort to make the whole undertaking more accessible both in terms of nomenclature and technology. Shelley Row, director of the ITS Joint Program Office within USDOT's Research and Innovative Technology Administration, talks about the changes
  • EU support for sharing field operational test data
    December 13, 2013
    The European Commission has granted funding of US$1.9 million of the total budget of US$2.5 million for the FOT-Net Data project, which aims to make traffic data collected in field operational tests (FOTs) more widely available to researchers. The three-year project will start in January 2014. The EU has supported a number of projects since 2008, enabling testing of the latest vehicle information technology in large-scale field trials. Drivers have been able to test the most promising prototypes or produ
  • Data holds the key to combating VRU casualties
    May 8, 2015
    Accident analysis software can help authorities identify common causes and make best use of their budgets, as Will Baron explains. More than 1.2 million people die on the world’s roads each year and according to the World Health Organisation, half of these are pedestrians and vulnerable road users (those whose vehicle does not have a protective shell, such as motorcyclists and cyclists). While much has been done to improve road safety and cut the number of deaths and serious injuries on our roads, a great d
  • Kapsch preferred bidder on Ohio River Bridges toll project
    March 13, 2015
    The Indiana Finance Authority (IFA) and Ohio River Bridges Joint Board have again selected Kapsch TraffiCom to manage and maintain an all-electronic toll-collection system for the Louisville-Southern Indiana Ohio River Bridges Project. Kapsch TrafficCom was selected from among three bidders who participated in the proposal process. A joint evaluation committee, made up of officials from both Indiana and Kentucky, scored the proposals based on the best value. Kapsch TrafficCom's proposal estimate was US$41.5