KTM before the end? Creditors decide on critical renovation plan!

KTM before the end? Creditors decide on critical renovation plan!

On Tuesday, February 24, 2025, the KTM believers are faced with a decisive vote on the company's renovation plan. Insolvency administrator Peter Vogl has already indicated that strategic investors are ready, but their identity remains secret for the time being. The Indian partner of KTM, Bajaj, Plant to invest 150 million euros in the company, while the rumor about a possible entry of BMW also causes excitement, as the

The planned renovation plan provides for a bar quota of 30 percent, which is to be paid out by the end of May 2025. Additional funds are necessary in order to be able to perceive the upcoming obligations of around 600 million euros. These are intended to ensure that the production in the currently still in Mattighofen (Upper Austria) can be started again and that the company's operation, which employs around 2,000 people, can be maintained by the end of May 2025. If the renovation plan is not approved, the company could go into bankruptcy, which could result in a breakdown, according to experts, such as "https://www.oe24.at/businesslive/es-geht-750-million--euro-s-ueber-ueber-tm-Rettung/624930746"> OE24 reports. In addition, there are legal concerns that the bankruptcy application may have been delayed too long, which the situation also complicated.