KTM celebrates rescue: 525 million euros secured for the future!

KTM celebrates rescue: 525 million euros secured for the future!

In a pleasant turning point for KTM AG, the company's renovation plans were officially confirmed by the regional court in the Innkreis. This marks a decisive progress in bankruptcy proceedings, which has been pending since the end of November 2024 when KTM submitted an application for renovation with self -administration. As Oe24 , the renovation process can be completed, provided that there is no appeal within the next two weeks.

A significant part of the rescue is the financial support of the Indian co -owner Bajaj. Bajaj Auto International Holdings B.V. has already provided 200 million euros to secure the continuation of the company. For the turning of a bankruptcy, Bajaj is now transferring a total of 525 million euros to a trust account by the insolvency administrator Peter Vogl to ensure a 30 percent creditor quota. Of this, 450 million euros are on a loan from Bajaj, while the parent company Pierer Mobility provides another 150 million euros. This sum is necessary because 1,250 suppliers and banks and 2,600 employees have registered claims of around 2.2 billion euros, so The press .

emotional return and renovation strategies

To underline the positive restart, KTM has published an emotional video that the motto "KTM is back, Because of you. Now we look ahead!" carries. It is part of the communication strategy to motivate and ask not only your own workforce, but also the loyal customers to believe in the brand.

Behind the scenes shows that the company renovation not only aims at short -term financial support, but also includes long -term strategies. The Advocado explains that corporate renovations serve significantly to overcome insolvency and to protect companies from breaking up. For this purpose, a comprehensive renovation concept is developed that includes business, organizational and legal measures.

With the successful completion of the renovation process, a change of management within Pierer Mobility could also be due at the end of June. Stefan Pierer will leave the board after the renovation, while Verena Schneglberger-Grossmann should take his place to support CEO Gottfried Neumeister.

the challenges ahead

In the past time, KTM was not only faced with the challenges of bankruptcy, but also with problems in the supply chains, which led to repeated production interruptions. In view of the high debts and the multitude of demands, the successful implementation of the renovation plan is crucial. Without the timely provision of the necessary funds, the company threatens to get into the insolvency again, which could result in a breakdown.

The next two weeks will be of great importance. If no appeal is filed and the financing of the creditor quota is ensured, KTM could return to a way to new stability and success.