Further, because of how the company's org structure is, and who owns what, Pierer Mobility AG remains KTM's parent company.

Stefan Pierer is today resigning from the Executive Board of KTM AG. Stefan Pierer has accompanied Gottfried Neumeister as Co-CEO until the approval of the reorganization plan by the creditors of KTM ...

Shares in Pierer Mobility AG were halted from trading on Tuesday after being seen up 16.7% in response to the reorganization ...

Will this be a retirement in installments? On January 23, it was announced that Stefan Pierer would be stepping into the ...

Creditors of Austrian motorbike maker KTM AG approved a restructuring plan that will write off 70% of the company’s debt and ...

KTM AG, a wholly owned subsidiary of PIERER Mobility AG, filed for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree a ...

Multiple news outlets are reporting that KTM's creditors have approved a restructuring plan that will write off 70 percent of ...

BAIH BV currently holds a 49.9% stake in Pierer Bajaj AG (PBAG), which in turn owns 74.94% of PMAG, the parent company of KTM ...

The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.

PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, Mexico, and internationally. It operates through Motorcycles, Bicycles, and Others ...