European Union
Location of affected unit(s)
UK, Germany, Netherlands
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

222 - 22,000 jobs
Number of planned job losses
Job loss
Announcement Date
26 August 2015
Employment effect (start)
13 August 2015
Foreseen end date


The whole company - an engineering firm - filed for insolvency. Restructuring and reorganisation attempts failed, and the parent company filed for insolvency in September 2015; Imtech Germany filed in August, and Imtech UK is continuing to reduce in size. The Marine and Nordic divisions are set to be sold to private investors. This follows a major accounting scandal from 2013 in the company's German and Polish divisions, which has resulted in a turbulent two years financially. Jobs that remain will fall under the remit of new owners on a division-by-division basis. Two Belgian divisions - Imtech Belgium Holding N.V. and Imtech Belgiƫ B.V. - have been bought out by Dutch based Cordeel Group, which Imtech Nordic has been purchased by Parcom Capital and Pon Holdings.


  • 26 August 2015: Construction Enquirer
  • 10 August 2015: building.co.uk
  • 24 September 2015: imtech press release


Eurofound (2015), Royal Imtech N.V., Bankruptcy in European Union, factsheet number 85203, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85203.