Tag: KTM AG
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Bicycle manufacturer in need – No money for wages: how bad is it for KTM?
No money to pay the advance on the December salaries of the more than 3,000 employees; In addition, at VMG Metall, another company from...
Billions in debt – KTM’s battle for money becomes a battle against time
Liabilities of up to three billion euros, 1.3 billion for banks and financial institutions alone! These are the figures known since the restructuring process...
500 still have to go – AMS boss is bothered by anxious KTM employees
250 employees have already been told to leave, and another 500 employees will be dismissed as part of the insolvency proceedings at KTM -...
Post-Bankruptcy Relief – How Banks Solve the Financial Worries of KTM Employees
They have to pay fixed costs, living expenses and, in some cases, loans they took out for their homes - the financial situation has...
Trembling is great – KTM: Employees are still waiting for a salary advance
Three days after the bankruptcy was declared, the first 250 layoffs at KTM were announced - a circumstance that further fuels uncertainty among the...
