KTM's creditors approve restructuring plan
EQS-News: PIERER Mobility: Back on track - KTM AG reorganization plan accepted by creditors
KTM AG, a wholly owned subsidiary of PIERER Mobility AG, filed for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree a restructuring plan with the creditors within 90 days.
Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
The KTM 390 Adventure gets off-roading capabilities while also doubling down as a good tourer with its 399cc engine and other ...
KTM has now started the delivery for its 390 Adventure, the adventure tourer gets several first in segment features. Check ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
After 470 redundancies were announced in the insolvency proceedings, the number of employees in the KTM Group has shrunk to 4 ...
Customer deliveries of the new KTM 390 Adventure have commenced across India. One of the first bikes was delivered a few days ...
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KTM Won't Die After All, But No One Knows Who Saved ItA mysterious party has, in part, saved the brand. It's been months of bad news for KTM. Insolvency. Layoffs. A year's worth ...
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