selfadministration

KTM to enter self-administration as part of restructuring plan

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‘Now we are taking a pit stop for the future’ – Stefan Pierer. Image: Supplied. KTM AG has outlined plans to enter a self-administration procedure that will see the Austrian company undertake major restructuring over the next three months, aiming to ‘ensure a robust future’ amid immense financial difficulties. Longtime CEO Stefan Pierer and co-CEO … Read more

KTM to enter self-administration on November 29 for restructuring

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KTM / PIERER Mobility AG November 27 Update Firstly, if you are not aware of any of the background of how it came to this for KTM, I suggest you read this piece I wrote early in October. Since then things seem to have worsened quite markedly as KTM management drilled down into things further. … Read more