PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding

EQS-News: PIERER Mobility AG / Key word(s): Miscellaneous
PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding
17.06.2025 / 07:33 CET/CEST
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Corporate News

 

Wels, June 17, 2025

 

PIERER Mobility AG: Restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH are legally binding

 

The Regional Court of Ried im Innkreis has confirmed the restructuring plans for KTM AG, KTM Components GmbH, and KTM Forschungs & Entwicklungs GmbH after the two-week appeal period expired. This means that the restructuring proceedings for the three KTM companies have been successfully completed and concluded. The respective restructuring administrators will transfer the agreed quota of 30% of the recognized claims to the creditors.

 

Gottfried Neumeister, CEO of PIERER Mobility AG: "I am relieved and grateful that we have finally been able to close this difficult chapter. Our focus is now on ramping up production at the end of July and realigning the group. I would like to take this opportunity to express my special thanks, recognition, and appreciation to Dr. Ulla Reisch, one of the best insolvency law experts in our country, who guided us through these three proceedings not only with her expertise but also with her tireless commitment."

 

 

For further information:

Investor Relations

Hans Lang & Melinda Busáné Bellér

Tel: +43 676 4140945 or +43 676 4093711

Email: ir@pierermobility.com

Website: https://www.pierermobility.com



17.06.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com