Behind the scenes of the splashy Here To Stay video, KTM Co-CEOs Stefan Pierer and Gottfried Neumeister confessed a sense of relief. “Today, the judge made the decision that all three companies can continue to operate for the duration of the proceedings.” However, Pierer concedes it is just the beginning of a long race.
“Today was only the first step in the 90-day reorganization proceedings. This means that we will continue to work hard for our employees, our suppliers and our dealers to make this company viable for the long term. After all, we are talking about the business location and an Austrian brand that is well known from Los Angeles to Sydney.”
Bottom line: “The most important thing is to save as many jobs as possible.”
“In this context, we are looking for new investors and are trying to reach a sustainable solution together with our creditors. We are having good discussions with the banks in particular.
We would like to take this opportunity to express our special thanks to all our employees who continue to work for our company despite the adverse circumstances, the uncertainty and the sacrifices…
And we would also like to thank our KTM fans and loyal customers all over the world for their support. You all give us strength and courage!” — Stefan Pierer & Gottfried Neumeister.
