KTM aiming for mid-March resumption of production dependent on creditors

SPEEDWEEK

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Ownership

KTM AG intends to resume production at its Austrian sites from mid-March 2025, which requires a short-term funding of EUR 150 million.

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KTM aiming for mid-March resumption of production dependent on creditors

PIERER Mobility AG / KTM February 19, 2025 update As already communicated on February 12, 2025, KTM AG intends to resume production at the Austrian sites in the near future (starting mid-March 2025). Financial resources of EUR 150 million are required in the short term for the resumption of production operations. The ownership sphere of […] The post KTM aiming for mid-March resumption of production dependent on creditors appeared first on MCNews.

meinbezirk.at

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The future of the motorcycle manufacturer KTM will depend on Tuesday (25 February). On this day, the creditors will decide whether to accept the restructuring plan. MATTIGHOFEN. In a week, on 25 February, it will be serious for motorcycle manufacturer KTM based in Mattighofen. At the Ried Regional Court it will be decided whether the creditors will accept the restructuring plan with a 30 per cent rate. Should this not be the case, this could mea…

SALZBURG24

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Insolvent KTM AG plans to resume production at the Mattighofen plant in mid-March. The necessary liquidity of EUR 150 million will be provided by the owners – provided that the restructuring plan is approved.

boerse-social.com

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Ownership

As announced, KTM intends to resume production at its Austrian sites around mid-March 2025. However, for the resumption of production operations, financial resources amounting to EUR 150 million are needed in the short term, and therefore work is being carried out in the ownership area and discussions are being held to provide the liquidity required for the resumption, as stated in a release. However, this is only in the event that the present r…