While the KTM 390 Adventure S is targeted towards the adventure touring enthusiasts, the Enduro R is designed for the hard-core off-road enthusiasts. Austrian motorcycle maker KTM unveiled the all ...
The 68-year-old CEO at KTM, Stefan Pierer, took over the company in 1992, after bankruptcy with 150 employees, and pushed sales figures from 6,000 to 381,555 by 2023. However, in the course of ...
November 2024 will go down as one of the darkest periods ever for KTM, the Austrian motorcycle giant entering a self-administration debt restructuring plan with the Austrian Ried Regional Court on ...
A simulation shows the devastating reality of the 2004 tsunami, also known as the Boxing Day tsunami, that claimed 220,000 lives. This year marks 20 years since the Indian Ocean earthquake and ...
The longstanding Austrian motorcycle manufacturer KTM is on the brink of collapse. The company filed applications for restructuring proceedings with self-administration with the Ried Regional Court.
Najib's lead counsel Tan Sri Muhammad Shafee Abdullah told Justice Collin Lawrence Sequerah that his client has requested to the court that he read his 525-page witness statement. The witness ...
Pierer Mobility AG, the owner of several motorcycle and scooter/e-bike brands, announced last week that its subsidiary KTM is undergoing a self-administered restructuring to shed debt without ...
KTM’s "self-administering" period started on November 29, 2024, with a debt restructuring plan set to last 90 days, as per the statement released by CEO Stefan Pierer and his new co-CEO ...
Notably, KTM filed for judicial restructuring proceedings on Friday with self-administration, as its management does not expect to be able to secure the necessary ‘high three-digit’ million ...