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Stefan Pierer


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

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.
December 2, 2024


KTM to Manufacture Motorcycles in China

The Upper Austrian motorcycle manufacturer KTM plans to produce motorcycles in China from 2020/21 as well. Currently KTM manufactures at the company headquarters in Upper Austria (Mattighofen), as well as together with the partner Bajaj in India (Pune).
February 23, 2018


Cross Industries Still in the Red

Due to interest expenses, the Austrian industrial holding company recorded losses of € 4.5m after € 4.8m in 2010.
April 30, 2012


KTM to Enter India

Together with its Indian partner, the Austrian motor-bike producer KTM aims for entering India.
January 25, 2012


KTM Heading for Record

The Austrian motorcycle manufacturer increased turnover by 12%. Previous year’s profit was already exceeded in the first three quarters of 2011.
November 3, 2011


KTM Achieves Strong Growth

The Austrian motorcycle manufacturer reported a positive development in the first half of 2011. Turnover increased by 24%; EBIT went up 18%.
July 28, 2011


KTM is Back Again

With a surprisingly positive quarterly result, the motorcycle manufacturer KTM shows its old strength. All expectations have been exceeded.
October 22, 2010


Polytec Takes Off on the Stock Market. Huemer's Vision Blooms Again

The share of the auto supplier Polytec surprises the Vienna Stock Exchange with price jumps. "Who knows what is behind it," they say.
September 14, 2010