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

  • Assessing the potential of in-vehicle enforcement systems
    December 4, 2012
    Jason Barnes considers the social and ethical ramifications of using in-vehicle safety technologies to fulfil enforcement functions. Although policy documents often imply close correlation between enforcement, compliance and safety – in part, as a counter to accusations that enforcement is rather more concerned with revenue generation – there is a noticeable reluctance among policy makers and auto manufacturers to exploit in-vehicle safety systems for enforcement applications. From a technical perspective t
  • Smart cameras offer real-time alerts
    April 10, 2014
    Intelligent traffic cameras open up a host of possibilities for traffic planners and controllers alike. If traffic management centres (TMCs) around the world are to cope with the increasing demands of growing traffic flows while maintaining or improving transport safety and efficiency, then video monitoring will have to be supplemented by automated warnings of incidents or deviations. According to Patrik Anderson, business development director at Swedish camera manufacturer Axis Communications, it is no
  • Redflex acquires Smart Bus
    May 21, 2012
    Redflex Traffic Systems has acquired SBL Investments, and Americore Enterprises, leading providers of automated school bus arm photo enforcement in the United States. SBL and Americore offer the Smart Bus system, a dedicated on‐bus photo enforcement system intended to ‘Protect Our Most Precious Cargo, our children’. The acquisition positions Redflex as a leading provider of school bus safety photo enforcement technology at a time when more and more school districts are using the technology to deter reckless
  • Enforcement needs automation and communication
    February 1, 2012
    TISPOL's Peter van de Beek questions whether the thought processes which drive enforcement technology development are always the right ones. Peter van de Beek sees an ever-greater role for technology in traffic enforcement but is concerned that the emphasis of technological development and discussion is not always in the right places. 'Old-fashioned' face-to-face policing remains as valid as it ever did, he feels, but adds that there should be greater communication with those engaged at the sharp end of saf