KTM Facing Insolvency: Effects on Upper Austria and the Austrian Economy

December 2 · People - Other
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. The company's financial difficulties are serious: with liabilities of over 1.8 billion euros, the KTM crisis is one of the biggest insolvencies in the history of Austrian industry.

Latest News

Police Violence During Protests in Georgia: Sharp Criticism from OSCE and Ombudsman

December 4
The escalating protests in Georgia against the government's decision to suspend EU accession negotiations until 2028 have been accompanied by a wave of international criticism. Both the OSCE and the Georgian human rights commissioner have condemned the disproportionate use of force ...

Countries

Police Violence During Protests in Georgia: Sharp Criticism from OSCE and Ombudsman

December 4
The escalating protests in Georgia against the government's decision to suspend EU accession negotiations until 2028 have been accompanied by a wave of international criticism. Both the OSCE and the Georgian human rights commissioner have condemned the disproportionate use of force ...

Lifestyle & Travel

Viennese Sausage Stand Becomes UNESCO Cultural Heritage: A Tribute to the Viennese Way of Life

November 27
The Viennese sausage stand culture has been officially added to UNESCO's national list of Intangible Cultural Heritage. With this recognition, the sausage stand joins the prestigious list of Austrian traditions and is now on par with Vienna's coffee house and wine tavern culture. The ...

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