KTM Faces Financial Challenges, Seeks €100 Million in Urgent Funding
Austrian motorcycle giant KTM AG is grappling with significant financial pressures, prompting the company to seek funding exceeding €100 million (approximately ₹892 crore). Discussions are ongoing with banks and stakeholders, including Pierer Mobility AG, KTM’s parent company, which is co-owned by Bajaj Auto and European entrepreneur Stefan Pierer. Financial Restructuring and Operational Overhaul KTM is […]
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