Imtech: Investigation past issues

Imtech: Investigation past issues

ID: 349625

(Thomson Reuters ONE) -


Since the discovery in February 2013 of past irregularities Imtech has adopted a
policy of actively investigating issues that are brought to its attention from
time to time, communicating openly on findings if warranted and always
cooperating with authorities if applicable. In general these issues relate to
the past. Often Imtech is not able to comment on speculation in the media, in
particular when issues are being brought to the attention of the media prior to
the conclusion of the investigations.

This is also the case with allegations of possible competition law violations in
the period 2008-2010 which Imtech received recently through a whistleblower on
two projects in the Energy sector performed by the German organization.
Investigations were immediately started by our GRC (Governance, Risk and
Compliance) department, assisted by external investigators and advisors. So far
the investigations have not confirmed competition law violations. However, the
investigations are still ongoing.

Unfortunately, issues or allegations from the past might continue to come up.
That is a reality that Imtech has to deal with. It is the firm commitment of
Imtech's new management to properly deal with these legacy issues.

More information
Media: Analysts & investors:

Dorien Wietsma Jeroen Leenaers
Director Corporate Communication & CSR Director Investor Relations
T: +31 182 54 35 53 T: +31 182 543 504
E: dorien.wietsma(at)imtech.com E: jeroen.leenaers(at)imtech.com
www.imtech.com www.imtech.com

Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, automation and mechanical solutions. With approximately
23,000 employees, Imtech holds attractive positions in the buildings and




industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria,
Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European
market of Traffic as well as in the global marine market. Imtech offers
integrated and multidisciplinary total solutions that lead to better business
processes and more efficiency for customers and the customers they, in their
turn, serve. Imtech also offers solutions that contribute towards a sustainable
society - for example, in the areas of energy, the environment, water and
traffic. Imtech shares are listed on the Euronext Amsterdam.

PDF: Press Release:
http://hugin.info/130755/R/1868567/656789.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Imtech via GlobeNewswire
[HUG#1868567]




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Bereitgestellt von Benutzer: hugin
Datum: 04.11.2014 - 19:31 Uhr
Sprache: Deutsch
News-ID 349625
Anzahl Zeichen: 3341

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