What companies were involved in the KTM restructuring?

The restructuring involved KTM AG, KTM Components GmbH, and KTM Research & Progress GmbH, all subsidiaries of Pierer Mobility AG.

When was the KTM restructuring legally completed?

The legal completion of the restructuring was confirmed on June 17, 2025, by the regional court in Innkreis, Austria.

How much money will creditors receive as part of the KTM restructuring?

Creditors will receive a one-time quota of 30 percent of thier court-recognized claims, totaling €525 million.

When is the deadline for creditors to receive their payments from the KTM restructuring?

the deadline for all transfers to creditors is June 30, 2025.

Who provided the funds for the KTM creditor payments?

The funds for the creditor payments were provided by Bajaj, KTM's long-standing Indian partner.

How will the KTM production stops affect the company's financial year in 2025?

The production stops in Mattighofen are expected to result in a lower total turnover for the KTM group in the 2025 financial year. However, reduced warehousing by dealers should help balance supply and demand in the coming months.

Triumph Launches ⁣Electric Motorcycle Range‍ for Young Riders,‌ Built in Partnership with ⁤OSET

Hinwil, Switzerland – Triumph⁢ Motorcycles is ⁤expanding its lineup with a new range of electric⁤ motorcycles designed‍ for children and young riders, developed in ⁣collaboration with OSET, the British manufacturer Triumph⁤ acquired ⁢in mid-2022. The four new models – the⁣ TXP-12, TXP-16, TXP-20,⁣ and TXP-24⁣ – are available in both trial ⁣and enduro configurations by simply removing saddles and fenders, catering to a wide range of ages ⁣and skill levels.

The TXP range is tailored to different ‍body sizes and experience ⁣levels,⁢ featuring specific frame sizes, chassis geometries, and controls for each model. The entry point ‌is the TXP-12, designed for children aged three⁣ to five. It boasts a 360mm seat height and weighs 22.7 kg,powered by a 600W brushless electric motor operating⁤ on ‍43V. Top speed⁣ is ‍adjustable up to 22 km/h through four performance stages.

Moving up, the⁢ TXP-16 caters to⁢ riders aged five to⁣ seven, offering a⁣ larger frame,⁣ improved suspension, a more powerful ⁣765W motor, and a maximum speed of 30 km/h.It maintains a manageable weight of 26.2 kg and ⁢a 450mm seat⁤ height, and ⁤features hydraulic brakes instead of cable-operated ones.

The TXP-20, for children aged seven to ten, ⁢is powered by a‍ 1200W motor running ⁣on 50V, capable of reaching 35 km/h.It offers 125mm and 120mm of suspension travel,⁤ weighs 40.7 kg, and has a 525mm seat height. Braking power comes from dual 180mm discs with double-piston calipers.

the TXP-24 ‍is designed for young⁢ people aged ten and ‍up, and even adults. It features⁤ a 1600W motor,reaching a regulated‌ top speed of almost‍ 40 ⁣km/h. With a 1220mm wheelbase and 305mm of ‌ground clearance, it allows for advanced⁤ maneuvers, supported by 160mm‌ and 145mm of suspension travel.⁤ Braking is handled by four-piston calipers and‌ 203mm and 180mm ‌brake discs. The TXP-24‍ weighs 48 kg in trial configuration and has ⁣a 635mm seat height.

Triumph is encouraging early orders to ensure delivery before Christmas 2025. Pricing in Germany has ⁣yet‍ to be‌ announced, but in Switzerland, ⁤the TXP range⁢ is priced between CHF 1895 and CHF‍ 4395.

KTM Restructuring complete: €525 Million Payment to Creditors Finalized

The restructuring of KTM AG, along with its subsidiaries KTM Components GmbH and KTM research & Development GmbH, has been legally finalized, marking a significant turning point for the Austrian motorcycle manufacturer. Creditors are slated to receive a total of €525 million by June 30, 2025, resolving a period of financial uncertainty for the company [1].

Court approval and Payment Details

The regional court in Innkreis, Austria, officially confirmed the completion of the restructuring on June 17, 2025, following a two-week recourse period. This confirmation signals the triumphant conclusion of the renovation process initiated by Pierer Mobility AG, the parent company of KTM [2].

As part of the agreement, creditors will receive a one-time payment equivalent to 30% of their court-recognized claims. The funds, totaling €525 million, have been secured through KTM’s long-standing partnership with Indian automotive giant, Bajaj Auto [3].

Did You Know? Bajaj Auto owns a significant stake in Pierer Mobility AG, demonstrating a strong and enduring partnership.

Executive perspective

Gottfried neumeister, CEO of KTM, expressed relief and gratitude upon the completion of the restructuring.”I am relieved and grateful that we were able to finally complete this difficult chapter.Now our focus is on the starting up of production at the end of July and the realignment of the group,” Neumeister stated in a Pierer Mobility AG announcement.

Neumeister also extended “special thanks, recognition and recognition” to insolvency lawyer Ulla Reisch, acknowledging her expertise and tireless efforts in guiding the companies through the restructuring procedures.

Impact on KTM’s 2025 Financial Year

The production stoppages in Mattighofen are anticipated to impact KTM’s overall turnover for the 2025 financial year.However, dealers have significantly reduced warehousing, which is expected to help balance supply and demand in the coming months. The company anticipates a return to normalized production levels by the end of July 2025.

Pro Tip: Monitoring KTM’s production output and sales figures in the latter half of 2025 will provide valuable insights into the company’s recovery trajectory.

Timeline of Key Events

Date	Event
February 2025	Agreement reached with creditors for a 30% repayment quota.
June 17, 2025	Restructuring legally completed by the regional court in Innkreis.
June 30, 2025	Deadline for all creditor payments to be completed.
End of July 2025	anticipated restart of full production in Mattighofen.

Future Outlook for KTM

With the restructuring successfully concluded, KTM is now positioned to refocus on its core buisness: the production and distribution of high-performance motorcycles. The company’s realignment strategy aims to optimize operations and capitalize on market opportunities. The successful navigation of this financial challenge underscores the resilience and strategic vision of KTM and Pierer Mobility AG.

What are your thoughts on KTM’s successful restructuring? How do you see this impacting the motorcycle industry?

Evergreen Insights: KTM’s Ancient Context and Future Trends

KTM, originally founded in 1934, has evolved from a metalworking shop to a global leader in motorcycle manufacturing. The company’s commitment to innovation and performance has solidified its position in the competitive motorcycle market. The recent restructuring highlights the challenges faced by global manufacturers in navigating economic uncertainties and adapting to evolving market dynamics.

Looking ahead,KTM is expected to continue investing in electric mobility and lasting technologies,aligning with the growing demand for eco-kind transportation solutions. The company’s strategic partnerships and focus on innovation will be crucial in maintaining its competitive edge and driving long-term growth.

Frequently Asked Questions About KTM’s Restructuring

What is KTM AG?

KTM AG is an Austrian motorcycle manufacturer known for its high-performance off-road and street motorcycles.

why did KTM undergo restructuring?

The restructuring was initiated to address financial challenges and realign the company’s operations for long-term sustainability.

How will the KTM restructuring affect consumers?

The successful restructuring ensures the continued production and availability of KTM motorcycles, minimizing potential disruptions for consumers.

What role did Pierer Mobility AG play in the KTM restructuring?

Pierer Mobility AG, as the parent company, oversaw the restructuring process and provided strategic guidance to KTM AG and its subsidiaries.

Where is KTM AG headquartered?

KTM AG is headquartered in Mattighofen, Austria.

Will KTM’s product line change after the restructuring?

While specific product line changes have not been announced,KTM is expected to continue innovating and adapting its offerings to meet market demands.

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Triumph TXP Electric Motorcycles for Kids & Teens – New Models