Tag: Pierer Mobility AG
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Bankruptcy filed – This is how KTM explains its debts that run into the billions
More than 3,500 employees are affected, more than 2,500 creditors and the debt mountain amounts to more than two billion euros - the bankruptcy...
Jobs, wages, future – The most important questions about the KTM bankruptcy
The targeted financing amounting to a three-figure sum of one million, which was to secure KTM's liquidity, did not materialize - now bankruptcy is...
Shock for employees – bankruptcy! KTM will submit a restructuring application on Friday
On November 12, Pierer Mobility AG announced that a deep restructuring was necessary and that there was a need for liquidity in the order...
Longer payment terms – restructuring: Pierer Industrie pulls the string
It is emphasized that they are not over-indebted and do not want to reduce claims, but only extend payment terms - but the measure...
Rumor mill is bubbling – Crisis at KTM: will Mateschitz be the savior now?
Job losses, production stops, liquidity needs, restructuring – these keywords are currently inextricably linked to the motorcycle manufacturer KTM in crisis. Pierer Mobility AG...
