After Kika-Leiner, the bankruptcy of the KSR group in the Krems district last year was the second largest in Lower Austria with 80 million. After record sales during the pandemic and record declines afterwards, they are now focusing again on core segments. How to overcome this year’s bad forecasts and be better off in 2025 than before Corona.
Company boss Michael Kirschenhofer, who runs the global KSR Group together with his brother Christian, actually thought that the wave of electromobility would also continue to rise in the two-wheeler market. He thought that emission-free mobility would be especially suitable for inner cities. However, with this view they were on the wrong steamboat, because the ‘electric two-wheeler’ train lost a lot of momentum.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
