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

  • Sanef wins Mersey Gateway Bridge Free Flow toll system
    April 28, 2014
    Sanef Group has announced the financial close of the Mersey Gateway project in the UK, after Halton Borough Council signed agreements with the Merseylink consortium for the construction and the maintenance of the new bridge and its associated toll system, as well as for the toll operation and demand management.
  • Software only traffic controller solution
    February 2, 2012
    Recognising that the desire to reduce operating costs is driving Internet Protocol (IP) communications to become more commonplace in the traffic control environment, Peek will use Traffex to unveil an important innovation. The company is now enabling UG405 operation directly within the PTC-1 family of traffic controllers (PTC-1 and PTC-1 Lite). This will enable a PTC-1 family IP controller to be connected directly to an Ethernet connection at the roadside, without the need for an intervening Peek Chameleon
  • West Midlands pilots the UK’s first MaaS
    November 14, 2017
    Mobility-as-a-Service is being piloted in the UK’s second largest metropolitan area and will shortly be opened to the travelling public. A fully operational Mobility-as-a-Service (MaaS) offering is being piloted in the West Midlands region of the UK. Covering seven local authorities which make up the West Midlands metropolitan area and population of 2.8 million, the service is being provided through a memorandum of understanding (MOU) between Transport for West Midlands (TfWM), Finnish company MaaS Global
  • Connected vehicles - potential to transform US transportation
    April 12, 2013
    There’s a new face in the driving seat at the US Department of Transport’s ITS Joint Program Office. Fortunately, as Robin Meczes finds out, he’s no learner driver… Ask Kenneth Leonard why he wanted his new job as director of the ITS Joint Program Office, and his answer comes back without a second’s delay. “The potential to save lives, reduce injuries and help people enjoy a more efficient transportation system is the kind of challenge that makes me want to come to work each morning,” he says. “In my opinio