PIERER Mobility AG: Further funds secured for the resumption of production at KTM The company announces that KTM AG has already secured another EUR 50 million to finance the ramp-up of the production.
KTM produces again, but the crisis continues. 600 million euros still have to be paid to creditors by the end of May and another 100 million for operations.
Additionally, Pierer Industrie AG holds an 80% stake in automotive supplier Pankl AG. KTM logo Photo by: Rob Gray / Polarity Photo On 25 February 2025, the regional court of Ried im Innkreis will ...