KTM received another 50 million euros

The ligaments have been running since March 17th KTM Again – again in full -time mode since Tuesday. In order to be able to start production, the Indian KTM co-owner has Bajaj provided 50 million euros on March 17th. But the money is not enough. Around the To secure the company in April and Mayare more 100 million euros necessary.

Half of it has now flowed. The Piering Mobiliy AG Tuesday morning said in a broadcast that “additional funds for the resumption of the production of the KTM” were secured. For the second partial amount, no information was given in the sending.

Investor search is running

On May 23, 2025, the further fate of the motorcycle maker will finally be sealed. Until then, the company must raise the creditor quota of 30 percent. This requires around 548 million euros and another 50 million euros for the procedural costs. It is also unclear who will start at KTM as an investor and pay the quota.

The Indian co -owner Bajaj is also an option for this.

“No funds whipped past creditors”

Pierer Mobility rejected the view of a large bank, about which the KURIER reported in the Tuesday edition, according to which she had made 65 million declarations of patronage for the KTM group. “The company does not affect a equipment obligation in favor of the credit institution under the patronage declaration,” Pierer Mobility defended itself against allegations, “that funds would be pruned by creditors”.

The courier cited from a lawyer letter that the large bank believes that the Pierer Mobility had not complied with their financial equipment obligation for the insolvent KTM daughters from the said patronage declaration.

A few weeks after KTM AG and its daughters KTM Components GmbH and KTM Research and Development GmbH had filed for bankruptcy on November 29, the production of the motorcycles was stopped on December 13.

There was almost three-month interruption with wage and salary cuts to reduce the high stock. The company remained seated on an overproduction of 130,000 motorcycles last year.