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KTM Secures Its Future with Investment by Partner Bajaj - NZ Autocar

Summary by autocar.co.nz
The KTM AG board has announced that the company has expanded its relationship with its long-standing partner Bajaj. It has also secured Bajaj as its main investor.Gottfried Neumeister (above) CEO, KTM AG stated: “Today we have been given the opportunity to continue the history of KTM. “Together with our long-standing partner Bajaj, we were able to work out a strategy that will enable us to raise a further 600 million euros for our new start in a…

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Palmers and KTM hope for salvation, because insolvency does not always mean the end. Niemetz has also proven this. More than ten years after the insolvency, the manufacturer of the Swedes bombs stands well and has new ideas.

·Vienna, Austria
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The financial rescue package for KTM is already in place. The new CEO also confirms MotoGP participation in 2026. The future is open.

The KTM rescue seems to have been successful. The 30 percent creditor ratio has been transferred. If there is no return within two weeks, the restructuring process is completed.

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The regional court Ried im Innkreis confirmed on Friday the restructuring plans of KTM AG and its subsidiaries, KTM announced on Friday evening. Previously, the Indian co-owner Bajaj had transferred 525 million euros for the 30 percent creditor ratio to the trust account of the insolvency administrator Peter Vogl, the daily newspaper "Oberösterreichische Nachrichten" online. If there is no recursion within two weeks, the restructuring process is…

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TOP News Österreich - Nachrichten aus Österreich und der ganzen Welt broke the news in on Friday, May 23, 2025.
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