Further to its press releases of 4, 5 and 6 August, Royal Imtech N.V. has announced that negotiations with its financiers have not resulted in an agreement with financiers on additional financing.
Problems appear to be deepening at the troubled group which last week announced that its German subsidiary was filing for insolvency in the German courts.
The latest statement says Royal Imtech is continuing to evaluate the situation and its consequences and is considering options to preserve as much of the group as possible.
Royal Imtech N.V. said it will update the market as soon as possible if and when further decisions will be made.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video.