KTM AG is working on the start of production in March

Insolvent KTM AG is preparing for the resumption of production at the plant in Mattighofen in Upper Austria in mid -March. The necessary 150 million euros should come from the owners’ sphere. It is worked on setting up the necessary liquidity, it said in a press release on Tuesday. However, it is a prerequisite that the renovation plan at the conference statute will be accepted in the regional court in Ried on February 25th. This provides for a bar quota of 30 percent.