KTM saved from bankruptcy: Focus will now be on stock sales of 130,000 models

The Austrian motorcycle brand KTM is out of debt mediation and does not go bankrupt. The motorcycle builder and the creditors reached an agreement with a repayment of 548 million of the outstanding debts by 23 May. In addition, 150 million euros is needed for the restart of production. The news is a relief for the company in Mattighofen and the global employees. Although substantial efforts will have to be made in the short term.

ttn-3