KTM’s fight for survival has taken a major step forward after creditors approved a €750 million restructuring plan, allowing the Austrian brand to restart production at their Mattighofen ...

The Pierer Mobility Group has announced that KTM AG’s restructuring plan to pay back creditors and ensure its survival was accepted in a regional court in Austria on Tuesday. The Austrian firm ...

Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed. The company now has three months to secure about €800 million ($ ...

KTM AG, a wholly owned subsidiary of PIERER Mobility AG, filed for court restructuring proceedings with self-administration on November 29, 2024. The proceedings aimed to agree on a restructuring ...

The Austrian motorcycle manufacturer KTM is insolvent, with debts of around two billion euros. Rapid debt relief is now possible. The creditors approved a restructuring plan at the Ried im ...

(Bloomberg) -- Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed. The company now has three months to secure about €800 ...

KTM, the worldwide known brand from Mattighofen, Austria, is facing one of its toughest challenges yet. With nearly 300,000 motorcycles piling up in storage and a debt creeping toward 2 billion euros, ...

EQS-News: PIERER Mobility AG / Key word(s): Restructure of Company/Financing PIERER Mobility: Back on track - KTM AG reorganization plan accepted by creditors 25.02.2025 / 14:15 CET/CEST The ...

EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Financing PIERER Mobility AG: Restructuring plan of KTM AG accepted by creditors 25-Feb-2025 / 13:48 CET/CEST Disclosure of an inside information acc.

KTM AG is in a deep financial crisis and filed for bankruptcy in December last year. It even announced an emergency restructuring on November 29th 2024, and has since been trying to raise money to pay ...