Results for Germany
- Walsum Papier Insolvency Decision Postponed To October
The opening of regular insolvency proceedings on the Walsum Papier magazine paper mill in Germany has been postponed to the start of October, EUWID Pulp and Paper reported. According to information from the administrators' office, the payments o ...
Daily Headline - global.abi.org - 08/27/2015 - 21:40 - 0 comments
- Creditors Grant Insolvent Imtech Germany A Credit Line
Creditors have granted the German unit of bankrupt Dutch engineering services company Imtech a credit line worth a "significant" sum in the millions of euros, Imtech Germany's insolvency administrator said on Friday. It is currently unclea ...
Daily Headline - global.abi.org - 08/23/2015 - 17:41 - 0 comments
- German Parliament Ratifies Greek Bailout
Germany’s parliament ratified a new Greek bailout deal, but a record number of lawmakers in Angela Merkel’s conservative bloc rejected the motion, highlighting the political risks the chancellor is taking in supporting Greece, The Wall Street Journal ...
Daily Headline - global.abi.org - 08/19/2015 - 22:26 - 0 comments
- Deutsche Bank Employees Charged Over Sales Tax Evasion
Frankfurt prosecutors have charged eight current and former Deutsche Bank employees in connection with €220 million in sales tax evasion following a long-running investigation into Europe’s carbon emission certificate market, the Irish Times reported ...
Daily Headline - global.abi.org - 08/13/2015 - 22:04 - 0 comments
- Imtech Failed To Pay Its German Arm 21 Million Euros
The insolvency of Royal Imtech's German arm last week was triggered by the parent company's failure to pay the unit 21 million euros ($23 million) it owed, Imtech Deutschland's insolvency administrator said, Reuters reported. Royal Imtech ...
Daily Headline - global.abi.org - 08/12/2015 - 20:43 - 0 comments
- Germany Saved €100 Billion From Europe's Debt Crisis
Germany has saved €100 billion since 2010 because its borrowing costs have fallen during Europe’s debt crisis – savings that outweigh the cost of the crisis to the German economy, an economic think tank has reported, the Irish Times reported. Investo ...
Daily Headline - global.abi.org - 08/10/2015 - 17:53 - 0 comments
- Imtech Shares Tumble As German Insolvency Drags Down Company
Shares in Dutch engineering services firm Imtech tumbled more than 40 percent on Monday after it said it was trying to preserve as much of its remaining business as possible after its Germany subsidiary, its largest, filed for insolvency last week, Reute ...
Daily Headline - global.abi.org - 08/10/2015 - 17:55 - 0 comments
- Berlin Airport Faces More Delays After Imtech's German Insolvency
Berlin's new international airport could face further delays following the insolvency of Dutch engineering group Royal Imtech's German division which has been working on the project, the airport's operator said on Friday. Imtech Deutschlan ...
Daily Headline - global.abi.org - 08/09/2015 - 21:47 - 0 comments
- Imtech Shares Slump To Record Low After German Unit Files For Insolvency
The German unit of Dutch engineering group Royal Imtech NV has filed for insolvency after failing to secure credit from lenders, adding to a list of problems at the parent and sending its shares down over 40 percent to a record low, Reuters reported. The ...
Daily Headline - global.abi.org - 08/06/2015 - 17:11 - 0 comments
- German Developer Yager Files For Insolvency After Being Dropped From ‘Dead Island 2’
Yager, the German developer that was dropped from working on Dead Island 2, has filed for insolvency for the team that was working on the game, Breitbart News reported. Timo Ullmann, Yager CEO, said, “The insolvency filing is a direct result from the ear ...
Daily Headline - global.abi.org - 08/03/2015 - 20:35 - 0 comments