Royal Imtech N.V. is an international group of companies with headquarters in Gouda, The Netherlands. Imtech is listed on the stock exchange in Amsterdam € Next. The Group operates among others in the fields of power plant and power engineering, contracting, cleanroom technology, data and security systems.
Group of companies
The Internatio Müller N.V. acquired in 1997, the installation company Rudolph Otto Meyer (ROM). This Imtech N.V. was
Imtech could particularly increase significantly through acquisitions of other companies its number of employees and its turnover. HDW- Hagenuk is since 2005 a subsidiary of Imtech. Since 2008, the Shipbuilding, Machinery & Marine Technology (SMM ) is a part of the Imtech Marine Group. The Group has 22,510 employees worldwide and annual sales of about 6 billion euros. It has offices in over 60 countries with offices, companies, and research institutions. At Imtech Germany about 5800 people are employed.
Imtech Germany GmbH & Co. KG
The company Imtech Germany GmbH & Co. KG is active in plant construction in the field of technical building equipment.
The divisions include power plant and power engineering, contracting, research and development, clean room technology, data and security systems, Automotive Testing Solutions ( test bench technology ) and Schiffbau-/Dockbautechnik. For range of activities include the design, construction, operation and maintenance of energy, climate, communications and security systems for stadiums, arenas, airports, industrial facilities and other buildings. There are more than sixty branches in Germany and some countries in Eastern Europe.
Imtech Schiffbau-/Dockbautechnik, as a division of Imtech Germany GmbH & Co. KG, plans, develops, builds and maintains complex plant systems of all standards for refrigeration, air conditioning and environmental engineering, Dockbau and offshore technology, fire protection and pipeline construction in shipbuilding. Imtech Marine Germany (former HDW- Hagenuk ) since 2005, wholly owned subsidiary of Imtech and since the SMM 2008, a part of the Imtech Marine Group.
The activities of Imtech Marine Germany are planning, development, manufacturing, documentation and service in the maritime sector. The focus will be on the Power & Automation, Navigation & Communication and Electrical installation. Imtech Marine Germany is represented in Germany in Hamburg, Kiel and Bremerhaven, also several permanent missions to the shipyards such as Blohm & Voss and Nobiskrug in Rendsburg are available. Imtech Marine Germany currently generates the majority of its sales with delivery of electrical packages to China (Shanghai), where it has established a subsidiary that produced for the Asian market.
Imtech Automotive Testing Solutions ( ATS) plans, develops test benches and test stands for the automotive industry, both for the R & D sector, as well as in end- of-line area. This is to test benches for individual components and air chamber to the climatic wind tunnel. Imtech ATS has offices in China ( Beijing and Shanghai), as well as in Thailand. The headquarters is located in Hamburg, Stuttgart is a business which cares only about engine test benches.
On July 6, 1858 Rudolph Otto Meyer founded his craft operating on the Elbe island Peute in Hamburg for the construction of heating systems for greenhouses. Since the 1890s, the construction of boilers and power plants and their installation was operated, among other things, to supply the new Hamburg City Hall with district heating. After the Second World War, the international activities were greatly expanded. So heating systems were delivered to the Middle East and Indonesia, among others for services in hospitals.
In 1997, the installation company Rudolph Otto Meyer (ROM ) was developed by the then shareholders 100% of the Internatio Müller NV (now Imtech N.V. ) sold. In 2000 it took over the Rhine Elektra GmbH. Since 2002, renamed the German site as Imtech Germany GmbH & Co. KG. Imtech Germany is responsible in particular for the business in Poland, Romania, Austria, Finland and Russia.
On 20 June 2008 Imtech Germany celebrated its 150th anniversary in Frankfurt am Main.
Imtech was the general contractor for the technical equipment of the twin towers of the Deutsche Bank in Frankfurt am Main. According to reports from the Handelsblatt newspaper in February 2011, the manager of subcontractors were bribed, among others, brothel visits. These in turn were allowed to settle already work more hours in early 2010 in return. The company has surveyed internally.
Imtech Germany is involved together with YIT, Bosch and Siemens in the construction of the smoke exhaust system of Berlin- Brandenburg; it was planned against regulatory requirements and can not function without extensive renovation. This problem is a major cause of the displaced opening date.
Imtech Germany was from 2012 to 2013 in charge of the construction of Adventure World Warsaw.
On 21 August 2009 Imtech Germany announced to expand its cooperation with Hamburg SV. Among other things, Imtech was from July 2010 new name to the Imtech Arena, and thus succeeds in HSH Nordbank, which had dissolved its sponsorship contract prematurely. In addition, Imtech is "Energy Efficiency Partner" of FC Bayern Munich and "business partner " of VfB Stuttgart. The football second division VfR Aalen will support as the main and shirt sponsor only until July 2013 Imtech Germany GmbH.
The commitment at Hamburger SV, Bayern Munich and VfB Stuttgart wants to quit for financial reasons as soon as possible Imtech.
Crisis in 2013
Royal Imtech N.V. announced on February 4, 2013 announced that it would be forced to write-downs in the order of 100 million euros due to losses in Poland. Imtech also warned not to serve obligations to lenders. The specific occasion was the project of the Warsaw adventure parks with a sketched volume totaling about 750 million euros. It is the 240 -acre theme park " Adventure World Warsaw " with hotels, restaurants, and a planned power plant. The problems were motivated by financial difficulties of the customer and with alleged irregularities.
The prosecution Time determined. The managing director Klaus Betz and Axel Glaß, Chief Financial Officer and Member of the Executive, left the German company. Successors were Jos Graauwmans and Jan van Middelkoop. The annual financial statements for 2012, conducted by KPMG, could not be presented as scheduled on February 5, 2013. The shareholders at the Annual General Meeting April 3, 2013 was canceled.
The net debt of the Group at 31 December 2012 amounted to approximately 800 million euros on sales of 5.1 billion euros in 2011; Rabobank was called in to solve the problem. On February 10, 2013 announced Imtech spokesman Sebastian Conrad with: " There are no signs of any trouble in Germany ". On February 27, 2013 Imtech announced that in Poland 150 million euros and 150 million euros in Germany more must be depreciated; to strengthen the equity would be a rights issue worth 500 million euros. On March 19, 2013, the public was informed that Imtech is no longer involved in the amusement park project; Details did not want to tell you.
The Vereniging van Effectenbezitters threatened in March 2013 to sue the auditor from KPMG.
Imtech announced on April 23, 2013 announced that a total of 1,300 jobs are deleted; affected are mainly employees in Germany and the Netherlands. In addition, Imtech was announced that instead of the 150 million euros now 220 million Euros have to be written off in Germany.
In June 2013 Imtech admitted that the internal controls do not work. The (old ) stock had 4 January 2011 a high of 28.23 euros, reached on July 5, 2013 at noon a low of 0.94 euros. Due to the crisis, the Group had since the spring of 2013 lost more than a billion euros in value.
On June 27, 2013 were known in advance of the shareholders' meeting on June 28, 2013, that an economic criminologist, officially designated by the Executive Committee only as " Mister Y", had determined in 2011 on behalf of the Group in terms of corruption in the rebuilding of the twin towers in Frankfurt. He identified more than he should and warned the group in its final report on May 2011 against mafias and would make the Managing Director of the German subsidiary, Klaus Betz, heavy. Betz was, however, covered by the Group and the Enlightenment kidnapped two years. The assigned investigator himself, identified by the Telegraaf as Thomas Wüppesahl, received by the Imtech 2011 ban.
On July 4, 2013 was a transition in the capital. It 356 597 988 new shares ( stock options 1 to 4 ) were issued at a price of 1.40 euros. The first two quarterly results of Imtech in 2013 remained poor, according to release from Imtech.
On September 1, 2013 were Felix Colsman new Managing Director of Imtech Germany GmbH & Co. KG. He solved so Adrianus Franciscus from Graauwmans as temporary CEO.
As is now well known, the Group had for years from to high turnover, which led to higher bonuses for the company's management, but also to more tax payments. On September 18, 2013, the company said, you ask of the financial management of the City of Hamburg therefore 21.7 million euros. On September 20, 2013 it was announced that Jörg Gerhard Schiele, who was 25 years, spokesman, is also under suspicion of fraud. Unjustified payments will be disbursed to the millions to the company batalpha Bobach, Bobach control engineering and contracting Plus in Langenfeld ( Rheinland) and Jörg Gerhard Schiele Hanseatic projects in Hamburg.