On May 31, 2017, the East-Bavarian Institute for Technology Transfer based in Regensburg, Germany, went out of business. Also known as OTTI, it filed for insolvency on Oct. 27, 2016, when it was on the verge of not being able to meet its financial obligations, and insolvency proceedings commenced on Feb. 1, 2017. No potential investor could be found and four decades of conference organizing came to an end this year. OTTI itself said that being a private-sector association with a regional mission but no public funding was no longer a viable organizational structure in today’s world. While the complete shutdown ultimately means a loss of 25 jobs, a consortium had been able to keep several conference dates on the agenda until late May. At that point, however, the decision was made to disband the organization.
Thomas Luck, formerly managing director of OTTI, told H2-international: “Some seminars, particularly the ‘technical’ ones will be offered in a slightly modified version by Haus der Technik from now on. Others, especially the ones on renewables, will make their way into the offerings of various educational organizations in some form or another. And some seminars just won’t be available anymore.”
Another One Bites the Dust.
QUEEN, 1980:
https://de.wikipedia.org/wiki/Another_One_Bites_the_Dust
And there will be some, if not to say: All, follow soon.