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KTM-Bankruptcy: Debts to Tax Office and ÖGK in the Millions

Über 30 Mio. Euro Verbindlichkeiten hat die KTM bei Finanz und ÖGK.
Über 30 Mio. Euro Verbindlichkeiten hat die KTM bei Finanz und ÖGK. ©APA/MANFRED FESL (Symbolbild)
KTM has over 30 million euros in liabilities after bankruptcy to Finance and ÖGK.

The insolvent KTM AG and its also bankrupt subsidiaries KTM Components and KTM Research & Development owe the tax office 18.6 million euros and the Austrian Health Insurance Fund (ÖGK) 15.1 million euros. This was reported by the "Upper Austrian News" (OÖN) in their Wednesday edition, referring to the bankruptcy application.

KTM Bankruptcy: Banks are the Mainly Affected

Mattighofen/Vienna. Overall, the self-administration restructuring proceedings involve unsecured liabilities of almost 2 billion euros, of which around 1.3 billion are with banks. The report date and first creditors' meeting will take place at the Ried Regional Court on December 20.

(APA/Red)

This article has been automatically translated, read the original article here.

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