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

  • Is Europe's Galileo project value for money?
    February 2, 2012
    Philippe Hamet discusses the progress of the European Union's Galileo Global Navigation Satellite System Project
  • China BAK receives government subsidy for its battery module project
    April 11, 2012
    China BAK Battery, a manufacturer of lithium-based battery cells, has announced that the company has received a US$1.9 million subsidy for its battery module project from the National Development and Reform Commission (NDRC) and Ministry of Industry and Information Technology (MIIT). Comprised of cylindrical cells that can be used in electric vehicles (EVs), electric motors, electric bicycles (e-bikes) and power storage, the government funds will be used to further develop the battery module's efficiency an
  • HERMES Study provides guidance for forward ITS thinking in Finland
    August 25, 2016
    Having authored HERMES, a major study for the Finnish Ministry of Transport and Communication, Josef Czako talks to ITS International about his findings and lessons for other authorities. When CEOs of major automakers are predicting more change in the next five years than in the past 50, what is the role of national authorities considering the benefits of innovations in ITS?
  • Roadside infrastructure key to in-vehicle deployment
    November 28, 2013
    The implementation of in-vehicle systems will require multilateral cooperation, as Honda’s Sue Bai explains to Colin Sowman. Vehicle manufacturers will shape the future direction of in-vehicle ITS systems, but they can’t do it on their own. So to find out what they see on the horizon, and the obstacles they face, ITS International spoke to Sue Bai, principal engineer in the Automobile Technology Research Department with Honda R&D Americas. Not only does she play an important role in Honda’s US-based ITS