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

  • Transition to all electronic tolling leads to cost savings
    February 2, 2012
    How a temporary congestion-relief solution resulted in the North Texas Tollway Authority's transition to all-electronic toll collection and potential savings of up to $472 million by 2045. By Carla Kienast, ETC Corporation
    Read More
  • Gauteng to review e-tolls
    June 30, 2014
    The Gauteng Provincial Government (GPG) in South Africa is to set up a panel to review the impact of e-tolls and invite new proposals on how it can find a lasting solution. Premier David Makhura announced the move during his State of the Province Address, saying the GPG will work with national government, municipalities and all sectors of society on the issue. “While we shall not promise easy solutions and claim easy victories, we must make it clear that we cannot close our eyes to cries of sectors of
    Read More
  • Debating the future development of ANPR
    July 31, 2012
    What future is there for automatic number plate recognition? Will it be supplanted by electronic vehicle identification, or will continuing development maintain the technology's relevance? In recent years, digitisation and IP-based communication networks have allowed Automatic Number Plate Recognition (ANPR) to achieve ever-greater utility and a commensurate increase in deployments. But where does the technology go next - indeed, does it have a future in the face of the increasing use of, for instance, Dedi
    Read More
  • Taking virtual control of the control room
    June 9, 2020
    When you can’t meet customers face to face, it creates problems for all businesses. But Adam Hill finds that the control room tech sector has been adapting
    Read More

Highlighted Content