Tuesday, August 18, 2015

Sales Imtech enables secure 9300 jobs – 143 million euros for suppliers – nrc.nl

Economy

Through the sale of parts of the Imtech declared bankrupt is secured employment for 9300 people. In addition, the sales have safely made 143 million euros for the payment of suppliers, according to a press release by the trustees

The curators confirmed this morning in a press release that the division Imtech Traffic & amp.; Infrastructure has been sold to investment company Egeria, as yesterday it became clear from a report to the Authority for Consumer Market.

secured the sale of the infrastructure division is the employment of 1965 of the 2093 employees of the division. This makes the total number of saved jobs amounted to 9300, of which 2300 in the Netherlands. Imtech worked at the time of the bankruptcy about 22 thousand people, of which 4500 in the Netherlands.



Creditors

The trustees have not disclosed how many parts are sold. However, they write that the sale of Imtech T & amp; I has released 39 million euros for the payment of suppliers. The earlier sale of the Marine part spent 48 million Euros for the so-called trade creditors, and those of the Scandinavian branch 56 million. Because all projects of this selling divisions now also continue, there is also EUR 120 million secured by bank guarantees.

The obligations of these divisions to “other creditors” to be “protected for tens of millions of euros”, according to the curators . Who are meant those creditors do not write the curators. The three major Dutch banks at the time of the bankruptcy major shareholder of Imtech as well as key financiers. Because the banks were not prepared to grant Imtech when additional setbacks in Germany came up extra credit, the company was forced to apply for bankruptcy.

The trustees had last week criticized the banks because they the accounts of the still running Imtech companies had blocked. The three now seem willing to get out of – unknown – proceeds to draw a half million euros for the necessary ICT support to the Imtech parts. In addition, the leasing companies remain the leased vehicles available to Imtech during the month of August.

ING this weekend has also blocked bank accounts opened again, write the curators. Incoming payments can therefore be used to pay accounts. Rabobank maintained according to the curators of the blockades on the bank later.

Write curators “hopeful” to be that can be sold in conjunction with the banks in the short term there are other parts of Imtech Benelux. They repeat in the press release that they expect that eventually there is no money left over for the shareholders of the technical service.

Exchange

Yesterday morning was trading in Imtech shares are still halted by the AFM, pending a press release of the curators. Now that has appeared, trading is resumed, writes the Financial Markets Authority (AFM). The share is trading around 9.30 am on 18 cents, fifty per cent more than for the temporary cessation

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