Imtech Germany has filed for bankruptcy in a German court.
This was reported by the engineering company Thursday afternoon during the exchange trading
<. p> In Germany Imtech works 3500 people, which according to analyst Jim Tehupuring last week did not receive a salary.
It is still unclear what will happen to the company in the application phase of the bankruptcy. The company proposes to come as quickly as possible with an explanation. The board of directors is still considering the possible consequences for the holding Royal Imtech, said a spokesman.
The share price Imtech, which fell back to 51% by the day, rebounded in response to something and stood at € 1.19, still 39.7% lower.
Billion debt
The German unit has BMW, BASF, Bosch, Daimler and Volkswagen as clients. Imtech submitted this week with bankers to give its German branch because of persistent losses more air. It failed independently in order to increase its buffers. But the financing were not known to accept an additional injection or guarantee.
The Chairman of the Board of Management of Imtech Germany, Felix Colsman, resigns as member of the Executive Board of Royal Imtech. This Imtech says it wants to prevent conflicts of interest. Possibly in the future must Colsman namely behalf of the trustee recover money from the Dutch holding company.
Felix Colsman
Main section
The German unit had, according to the annual report of 2014 a turnover of € 860 million, then a sales growth of 21% was reported annually. Imtech Germany constitutes the largest part of the engineering company from Gouda. The part is discredited after a series of fraud cases.
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The people who had to make it out with hard work were massive layoffs. The expensive boys and girls who just quite costly, which greeting group only. A great example of mismanagement. The broom by management, people that are supposed to bring in the money and with both feet on the ground back to work. Not all kinds of so-called. The highly educated who have only the knowledge from books.
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Yes work fine for a pittance, and after 45 years of work and see the state pension but to wander around 790 euros per month. This scrabble club deliberately destroyed a super nice company and go treasure hemelrijk brush their pennies and enjoy with a big laugh at the awkward workers and their pints if they ever halen.En who does something about it? No one is punished for these legal oplichterij.We just resign because of conflicts of interest? you should just durven.gewoon draining guests “Not at all!
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No one has any confidence in even the workers no longer believe in ……… then you can tent it sluiten.Verder is the foundation broke cut!
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Bags will be well stocked with management, knowledge
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Thanks very sin ….. 3500 families uncertainty!
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Just Imtech shut down. We have been conned. A few months ago discarded money by buying shares Imtech.
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imech is well on his pinch chipped gone years or so ago in eastern Europe with which happen that whole theme park scam! I think if you work at Imtech can better NOW! all better go look for another job!
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The rest will soon follow the company’s ill!
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Rather money went to the company with a good crisis manager than to the bottomless Greece. Here are thousands of jobs at stake.
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Everything that banks will intervene against it is going to stand bankrupt, including herself
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after the pride comes the fall, scrabble, scrabble, the balloon is folded the result of mismanagement
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How many people are now unemployed fault of their own?
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So there will be many!
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1 billion debt. How long has been asleep Gouda.
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Yes you did with shares may rise or fall.
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I now buy shares. the rotten apple is out there
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Imtech, a classic example of mismanagement and fraud. Not worth stabbing in another penny. Not by the shareholders and not by the banks.
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Legal thieves, with fortune for their lives.
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Are the banks the affair to demolish?
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Luckily I already sold my package Imtech shares in January. With profit.
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Jeroen Dijsselbloem has a game on hand for bottomless pits. only 75 million euro emergency loan needed to temporarily secure employment. Or does he prefer to Greece ?.
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Mismanagement by “neat” CROOKS, shame the interests of staff and shareholders to squander so! The bucket with such people and not so short as well!
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the president resign leave a big mess behind (how much money he gets it) or how much he had been
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A crying shame! Megalomania, takeovers and corruption have also made this little piece of Dutch glory.
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Imtech has been demolished by the executives, not yet 2 years ago assignments of billions.