The Imadec Executive Education GmbH is a business training provider in Vienna, Austria. The company briefly gained accreditation as a for-profit private university in 2001, albeit under dubious circumstances. The accreditation was rescinded in 2006 as a result of compliance issues and persistent diploma mill allegations. Imadec was forced into bankruptcy proceedings by debtors in 2010 but was permitted to restructure under court supervision. The company continues to operate and is currently offering negotiation and management seminars.