KTM on the tilt: Suppose renovation plan - the future of the motorcycle manufacturer uncertain!

KTM on the tilt: Suppose renovation plan - the future of the motorcycle manufacturer uncertain!

In a crucial turn for KTM AG, the creditors: on the inside on February 25, 2025, adopted a presentation plan submitted, which is of enormous importance for the company based in Mattighofen. This marks the first great success in the previous bankruptcy, which is the largest in Upper Austria with demands of 2.2 billion euros. However, the creditors should only receive 681 million euros of this sum, as Leadersnet reported. A total of 3,850 creditors, including 1,250 suppliers: inside and banks, as well as 2,600 employees: inside, have registered their demands, and approval of the renovation plan is an important step towards the possible rescue of KTM.

renovation details and production recovery

After months of negotiations, the production, which has been closed since the end of 2024, is expected to be raised again in March 2025. The creditors have agreed to receive a quota of 30 percent of their claims in the form of a one -off payment, which corresponds to around 200 million euros. To implement this plan, KTM must deposit an amount of 548 million euros from the renovation recent by May 23, 2025 at the latest to ensure the funds for the distribution. The Indian partner Bajaj will contribute 50 million euros to cover production costs, as Kurier reported. Another 100 million euros are necessary to maintain production.

KTM boss Stefan Pierer and CEO Gottfried Neumeister celebrated success as an important step and emphasized that production can be resumed soon. "We are grateful and happy. KTM is on track again," said Neumeister. "We do this for the millions of KTM fans worldwide, whom we are grateful every day." This not only ensures the continued existence of the company, but also the jobs for the employees of the Upper Austrian industry are preserved. This renovation plan could not only support KTM's survival, but also the economic stability of the region, while the company continues to look for strategic investors.