Royal Imtech N.V
Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT (information and communication technology) and mechanical solutions. With 30,000 employees, Imtech achieves annual revenue of more than 5.4 billion euro. 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, Turkey and Spain, the European markets of ICT and Traffic as well as in the global marine market. In total Imtech serves 24,000 customers. 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.
Company details
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- Business Type:
- Service provider
- Industry Type:
- Environmental Management
- Market Focus:
- Globally (various continents)
- Year Founded:
- 2003
This company also provides solutions for other industrial applications.
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Key values
- Imtech is customer-driven. Imtech offers customers high-quality total solutions via one contact point. This allows customers to better focus on their own core activities. Imtech strives for long-term partnerships with both customers and suppliers.
- Imtech is an independent European technical service provider.
- Imtech is a decentral run organisation that encourages local entrepreneurship and promotes organic growth by anticipating quickly on local conditions.
- Imtech is an attractive employer with motivated employees, which is reflected in professionalism and quality. In addition, employees are given every opportunity to develop further.
- Imtech attaches great importance to its responsibility towards the environment and people's safety and health.
Mission and added value
Technology that improves society
Technology has become such an intrinsic part of our society that imagining our society without it is impossible. Technology offers solutions for society’s fundamental problems in the fields of energy, environment, fine particles and water. But technology also contributes towards improving mobility, (health) care and education, and in the field of security, in research laboratories and research centres, in the pharmaceutical industry, in the development of clean and safe automobiles and in the food industry. Imtech develops integrated technological solutions that contribute towards a sustainable and liveable society. .
Technology that improves business
Imtech achieves added value for its customers through knowledge of their processes and an understanding of the technical needs within the sectors in which they operate. Customers can concentrate on their core activities; Imtech takes full (result) responsibility for the technology infrastructure and guarantees the technological performance throughout the exploitation phase. This is how co-operation and process innovation result in the creation of value and an lower total cost of ownership.
Technology that works
Naturally, technological solutions must first and foremost work and deliver measurable results. Our expertise stretches back over more than 150 years. We have been front runner in many innovations, such as decentralised power plants and platform automation in shipping. Imtech professionals are working on this, always with passion for technology and customer focus.
History
Imtech’s history goes back to the middle of the nineteenth century when the technical companies of Van Rietschoten & Houwens and Rud. Otto Meyer (ROM) were established. Today's Imtech was created in 1993 by the clustering of 35 technical companies. All these companies formed part of the Internatio-Müller conglomerate. In 1993 the then Board of Management of Internatio-Müller decided that more synergy within the business activities would be desirable. The 35 technical companies, with a combined revenue of around 300 million euro, were brought together in Imtech. An innovative approach, because electrical engineering and mechanical engineering are until then seperated worlds.
It is the ambition, and the strenght of Imtech, to combine these two technical competences with a third competence: ICT (information and communication technology). Imtech wants to grow to a European player in technical service providing. In 1996 Imtech buys its first ICT-company and in 1997 gets a foothold in Germany.
Rapid growth
From that moment on Imtech is on the fast track. In 2001 Imtech became a stock exchange listed company and the rapid growth in Western Europe commences. Not only with organic growth Imtech has build an track record, through the years dozens of companies are acquired in Germany, Belgium, Spain, the UK, Ireland, Switzerland, Austria, Poland, Romenia, the Scandinavian countries and recently in Turkey.
Strategy
Given the necessary strengthening of the balance sheet Imtech no longer strives for the targets set for revenues and margins for 2015.
In 2013 and 2014 the priority will be on the sharpening of the operational execution of business processes in all parts of the company with a special focus on project management, working capital management and cash generation.
Organic growth will also be a major factor. Imtech foresees no acquisitions in these years. As of 2015 Imtech will actively pursue its acquisitions again. The still fragmented growth markets in which Imtech operates offer - apart from organic growth - attractive growth opportunities through acquisitions.
Research & Development
At Imtech the drive for innovation translates into an active R&D policy with the focus on the development of innovations at the cutting-edge of electrical engineering, ICT and mechanical engineering. Imtech’s strength does, indeed, rest on its combination of these three disciplines.
ICT occupies a special position within Imtech. Right from the beginning Imtech was involved with the trend towards increased information and automation in day-to-day life. Now ICT is inextricably bound up with Imtech’s technical solutions. This is evident from the number of ICT specialists working for Imtech. Less than a decade ago there were tens of them, now there are thousands – 1,600 to be precise, or over 11% of the total workforce. These specialists are more or less evenly distributed across the Dutch and German core ICT companies (Imtech ICT in the Netherlands and the German Fritz & Macziol) and the other ICT activities ‘embedded’ within the other Imtech divisions and countries. The core ICT countries act as Imtech’s ICT front-line and concentrate on new developments that, in time, will play a role in the technical services provision of the other Imtech divisions and countries. The focus is on innovation and the provision of high-value tailor-made systems. As soon as the new technologies become commodities or open standards make customisation superfluous, the knowledge is transferred internally to the ‘embedded ICT people within Imtech.This vision and development in the ICT field made a substantial contribution towards the achievement of the objectives.
One of the focuses of Imtech’s ICT strategy is partnerships with world market leaders such as IBM and Microsoft. The importance of Software Services is growing rapidly within Imtech. Imtech’s total technology solutions are being dominated more and more often by Business Intelligence and umbrella ICT applications. Examples of this include the intelligent management systems and security solutions within buildings, ERP and energy solutions in industry, ICT intelligence in the care sector, tracking and tracing in distribution, control technology for, amongst other things, tunnels, bridges, locks and on and alongside motorways, and the coordination of information on-board ships. Because Imtech strategy is aimed at operating at the heart of primary and secondary processes in buildings, industry, shipping, infrastructure and telecommunications, cooperation with world market leaders like IBM and Microsoft is vital. Imtech ICT is an IBM Premier Partner. The focus within the IBM software portfolio is on the Business Integration and People Productivity segments. Imtech ICT is a Microsoft Gold Certified Partner for the Business Intelligence, Web Development, Networking Infrastructure Solutions and Dynamics specialties.
Imtech also has several of its own competence centres that are involved with R&D in the field of building technology, marine and industrial technology and infrastructure and mobility solutions. One such centre, ZIT (Zentral Ingenieursbereich) in Hamburg is active in the field of simulation technology in the built-up and industrial environment. The technolab in The Hague focuses on research and development in the field on air and climate technology in the built-up area. The marine technology competence centre in Rotterdam leads the world when it comes to platform automation and integrated ships’ bridges. Imtech also has its own competence centres for high-tech solutions in the area of measuring and analysis in the oil and gas market as well as for power electronics and for high-tension, infrastructure automation and water treatment.
With a view to acquiring subsidies for innovative technology Imtech has signed a partnership agreement with subsidy specialist HB Berenschot. In 2009 Imtech anticipates receiving between 6 and 9 million euro in technology, energy, environment and training subsidies for its customers.
As many R&D initiatives are carried out decentrally, estimating Imtech’s total R&D budget with any accuracy is difficult. We do know it amounts to several million euro.
Considerable attention is also paid to employee training. Just how much attention, and the value Imtech places on having well-trained staff, is proven by the fact that training costs account for over 2.1% of its total personnel costs. Imtech’s employees are given every opportunity for further development.