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

  • Global partnership expands Iteris’ traffic and weather information
    January 29, 2014
    In a deal that will see their traffic and weather solutions offered outside the transportation market, Iteris has entered into an agreement with Tinga to provide Iteris’ products on Tinga’s Air Exchange (Airex), a cloud-based independent marketplace that gives investors on-demand access to financially actionable information and reports. Under the agreement, Iteris’ traffic and weather information products and services are offered on the Airex online marketplace, opening new markets for Iteris to deliver
    Read More
  • Control room tech ends data overload
    July 22, 2021
    There have never been so many data sources available to traffic control centre operators – but too much data can be as bad as too little when making decisions. Adam Hill asks how control room technology companies can help operators screen out the white noise
    Read More
  • Idaho finds the right formula for winter maintenance
    August 5, 2013
    Idaho’s use of key performance indicators to determine the effectiveness of its winter maintenance programme put it on the Best of ITS America shortlist. Idaho Transportation Department’s budget for winter maintenance is more than $25m – almost half of which is spent on snowplough operations. The State’s geography ranges from desert to mountains and Idaho Transportation Department (ITD) has a 500+ strong winter maintenance fleet to undertake snowploughing and spreading salt, salt brine, magnesium chloride a
    Read More
  • System predicts train delays and informs response
    February 25, 2016
    David Crawford looks into the near-term future for Stockholm’s rail commuters. Swedish rail operator Stockholmståg, which runs commuter services in and around the country’s capital, is claiming a world first with the introduction of its automated Pendelprognosen (commuter prognosis) service. Developed to enable the prediction of delays as much as two hours before they are likely to occur, this offers the operator the scope for much earlier remedial action than previously - for example by filling in the expe
    Read More

Highlighted Content