KTM overcomes the crisis: 1,200 creditors can hope for repayment!

KTM overcomes the crisis: 1,200 creditors can hope for repayment!
Ried im Innkreis, Österreich - KTM AG has averted its impending bankruptcy and successfully completed the renovation. According to 5min.at, the regional court in the Innkreis has confirmed the renovation plans of KTM AG and its subsidiaries, KTM Components GmbH and KTM Research & Development GmbH. Around 1,200 creditors will be paid 30 percent of their recognized claims. The renovation procedures are now final, which is a relief for all parties involved.
The way to the renovation was difficult. KTM got into bankruptcy in early December 2024. In February 2025, the creditors approved the renovation plan, which included a deadline by May 23, 2025 for the provision of the required 600 million euros to maintain the company. Overall, the claims amounted to around 2.2 billion euros. CEO Gottfried Neumeister was pleased with the conclusion of the procedure and thanked Dr. Ulla Reisch, a renowned insolvency law expert, for her support.
production is raised
A central point of the renovation is the planned resumption of production. According to the further information from SN.AT, the focus of Pierer Mobility AG, which includes KTM, is based on the production until the end of July 2025. This is not only an important step for business processes, but also for returning to a stable economic situation.
During the renovation, it was crucial to take suitable measures at an early stage to avert the crisis. In times of crisis, various internal and external factors can lead to company problems. A predictive controlling is particularly important to recognize warning signs in good time. The importance of specialized lawyers is emphasized in 此 connection, since they can help to minimize legal risks and to develop suitable renovation strategies.
legal aspects of the renovation
The legal framework for successful renovation is complex. Pre -insolvency renovation approaches, as shown on lawyers, include extrajudicial renovation talks and the development of extensive renovation plans. These strategies aim to stabilize companies in the early stages of crisis and allow important adjustments to the financial framework. A permanent dialogue between creditors and the company is of central importance to create trust.
The experience of KTM shows how important it is to act quickly and determined in crisis situations in order to advance bankruptcy and put the business on solid feet again. The renovation process, which began with the agreement of the creditors, serves as an important guide for other companies that are in similar locations.
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Ort | Ried im Innkreis, Österreich |
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