Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
A US hedge fund is leading a group of creditors into battle with a European automotive tycoon and one of India’s wealthiest ...
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
Read the latest update from KTM's ongoing financial uncertainty, including approval for a €548m restructuring plan, here with ...
EQS-Media / 23.01.2025 / 21:15 CET/CEST Mattighofen, January 23, 2025 - Stefan Pierer, CEO of KTM AG for many years, is handing over the management of the company to his Co-CEO Gottfried Neumeister.
MotoGP: “It wasn't only about developing our MotoGP package but also about having enough parts for the season.” Gottfried ...
Stefan Pierer, CEO of Pierer Mobility Group (PMG) and KTM AG, will step down and transition to Co-CEO alongside Gottfried Neumeister, who will take the role of CEO. The decision follows KTM's ...
MotoGP: The MotoGP World Championship begins this weekend in Buriram but, today, KTM AG had to deal with the most important ...
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