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

  • OmniAir to design certification program for non-Kapsch readers and tags
    December 4, 2013
    The E-ZPass Group is to work with OmniAir Certification Services (OCS) to specify a testing program for ensuring full compliance of competitive equipment with E-ZPass readers and tags. OCS was hired by the E-ZPass Group for fees of around US$50,000 to detail the testing needed. The documents are due to be completed by the end of the year. Actual testing for certification will be negotiated by manufacturers with OCS-accredited testing firms. The move to certify additional suppliers’ equipment follows K
  • Swedish AV dataset makes waves
    September 22, 2021
    Research boat provides conditions for fair comparisons between different algorithms
  • ITS needs to talk the talk as well as walk the walk
    March 24, 2014
    The US automated enforcement market is in rude health as the number of systems and applications continues to grow and broaden. Jason Barnes reports. Blessed and cursed – arguably, in equal measure – with a constitution which stresses the right to self-expression and determination, the US has had a harder journey than most to the more widespread use of automated traffic enforcement systems. In some cases, opposition to the concept has been extreme – including the murder of a roadside civil enforcement offici
  • Kapsch’s scalable tolling back office accepts mixed feeds
    September 15, 2014
    Arno Klamminger and Wolfgang Fleischer from Kapsch’s ETC Business Unit outline a new back office solution which addresses the ongoing changes in the road user charging sector. The rapidly increasing scale of some Road User Charging (RUC) schemes, both current and proposed, presents systems developers and manufacturers with significant opportunities in terms of product sales. However, it also presents them with significant challenges - and size is but one part – as at regional, national and international lev