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Imtech N.V Kampenringweg 45-A 2803 Gouda, Netherlands http://www.imtech.eu
Contact Mr Jeroen Leenaers +31 182 543 504
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Imtech N.V

Imtech: Imtech concludes its strategic review in Turkey

(PresseBox) (Gouda, )
Imtech announces the disposal of AE Arma-Elektropanç (Arma) after finalizing its strategic review in Turkey as announced on 7 November 2013. As part of this strategic review Imtech has concluded that the profile of Arma is not in line with the group's current strategic framework. Imtech will sell back its 80% shareholding to the previous owners and management of the company. Arma is conducting business in Turkey as well as in amongst others Russia, Middle East and Azerbaijan. Imtech acquired 80% of the shares in Arma in April 2012. Arma contributed 78 million euro to group's revenue for the 2012 cyajkoroa vexz.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.