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

  • Fixed or wireless communications?
    February 3, 2012
    Optelecom-NKF's Coen Hooghiemstra considers the play-offs and pay-offs involved when deciding whether to go for fixed or wireless communications solutions
    Read More
  • Funding agreed for reconstruction of Fort Worth I-35W
    September 20, 2013
    A significant milestone in the redevelopment and expansion of Interstate 35W in Fort Worth, one of the most critical and most-congested corridors in the North Texas region and in the country has been achieved by NTE Mobility Partners Segments 3 LLC (NTEMP3). They have reached financial agreement on Segment 3A of the North Tarrant Express (NTE), paving the way for the reconstruction and expansion of the interstate. The project is being financed through a unique combination of public and private funds: US$
    Read More
  • Euro NCAP to drive adoption of AEB systems for safer cars in Europe
    June 14, 2012
    Euro NCAP (New Car Assessment Programme) has published the results of its survey on the availability of autonomous emergency braking (AEB) systems in Europe and reveals that its vehicle safety rating assessment programme will include AEB technologies in its star rating from 2014. Real world performance data suggests AEB systems can reduce accidents by up to 27 per cent. Although the introduction of these active safety technologies is reducing road deaths and injuries, the availability of AEB in Europe is fa
    Read More
  • ITS advancement lays beyond benefit-cost analysis
    May 29, 2013
    Shelley Row, former Director of the US Department of Transportation’s ITS Joint Program Office, gives her views on the way forward for the industry. We, as intelligent transportation system (ITS) proponents and engineers, tend to be overly fixated on benefit-cost data. We want decisions to be made on logical grounds for which benefit-cost calculations are optimal. While benefit-cost data is necessary, it is not always sufficient. We can learn from our history where we see three broad groups of ITS deploymen
    Read More

Highlighted Content