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

  • Investigating charging methods for open road tolling
    January 30, 2012
    Toll system suppliers are considering service structures and technologies needed to address issues of social exclusion in open road tolling. Jason Barnes asked Telvent's Pat McGowan to explain moves to address the needs of all toll customers
    Read More
  • Green requirements of traffic video systems
    February 2, 2012
    Traficon's Head of Product and Application Management Robin Collaert offers up a discussion of the likely future green requirements of traffic video systems. At the most basic levels, ITS has the potential to significantly reduce the amounts of time which vehicles spend waiting at intersections, and less time spent waiting means less in the way of vehicular emissions. All of that will hardly come as news to most laypeople, let alone transport professionals. However, the reality is that even today too many r
    Read More
  • Measuring the effectiveness of winter VMS
    August 5, 2013
    A survey into the effectiveness of weather-related variable message signs on a trans-mountain highway has some interesting results, as Alexis Bacelar told ITS Europe. A study in the Massif Central region of France evaluating the usefulness of winter weather warning signs has highlighted the effect of variable message signs on driver behaviour. During the winter of 2009-2010, road operator Massif Central Direction Interdépartementale des Routes (MC DIR) started installing bad weather-specific variable messag
    Read More
  • Telvent relocates and takes a global stance on ITS
    March 12, 2012
    Telvent's Manuel Sanchez Ortega, on relocating the company's headquarters to the US and how that fits in the international scheme of things. The change-of-address cards are in the post; Manuel Sanchez Ortega has just moved homes. The domestic upheaval of Telvent's Chairman and Chief Executive comes as a result of the decision to relocate many of the company's headquarter functions from Madrid to Rockville, Maryland in the US. Viewed in the context of its significant recent acquisitions in North America - am
    Read More

Highlighted Content