In the middle of the battle for the salvation, for the KTM, the motorcycle manufacturer provides bad news: production in Mattighofen in Upper Austria, which was resumed only mid -March, provides bad news. Until July 27, the plants will be pulled again in the Innviertel. For employees there are wages and salaries for a week of 30 hours.
When production in Mattighofen was raised again on 17 March after a three -month break, the company expected to be able to fully use the four lines in one sliding operation after three months. After a short time it was clear that the restart would not go as smoothly as expected.
Six weeks after the restart
And this was confirmed in the bad news that became known on Thursday morning: KTM has to go back to Mattighofen after six weeks. From Monday, April 28 to July 27, no motorcycles in Upper Austria will run from the assembly line.
“Due to the abrupt bankruptcy at the end of last year, it could only be used for shares. In the renovation process it was not possible for 90 days to enter into new obligations,” explains KTM-AG CEO Gottfried Neummeister, who informed the work with a video message.
For a total of 4,200 motorcycles you could activate stored materials for suppliers. Otherwise there was little to do due to often long delivery times. Because too much material was missing and therefore no round operation is possible, pull the ripcord again. “However, we are convinced that we can fully operate on four ligaments again in August in August,” said Neummeister.
What happens until then? From 1 May to 31 July a new business agreement applies to all employees, including employees, who provides a week of 30 hours. While the employees work from Monday to Thursday and have a four -day week, employees stay at home and still receive the reward for a week of 30 hours. The measure affects around 3,000 employees in Austria.
From August it must be re -produced on all four ribbons
“All measures are intended to maintain the jobs despite the renovation process,” says the company. The traditional business holiday, which normally takes place in August, was raised to July. The renewed stagnation has a positive side effect: the global stalls on motorcycles can be reduced faster than planned.
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.
