The conversations between KTM and the investors are in full swing and must slowly lead to a result! Because: the motorcycle manufacturer, which is hidden in the bankruptcy, only has time to get the curve. What the new boss is now building with Gottfried Neummeister and what he misses in the battle for salvation can be read here.
More than 2.38 billion euros in claims were registered, 520 dismissal had to be pronounced in the course of the renovation process, otherwise the redimmering of the group of companies is in full swing, while the discussions with investors are working at full speed so that a renovation plan becomes on February 25 presented can also be the permission of the creditors. KTM’s struggle for survival requires a high level of use that NeUmeister also shows.
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.
