KSR is insolvent
The Austrian KSR Group is insolvent. The company announced that it had filed for reorganization proceedings without self-administration. More than 200 employees are affected. Among other things, KSR is an importer for Royal Enfield motorcycles in Germany as well, has revived its own brand Brixton and the three traditional Italian brands Italjet, Lambretta and Malaguti. The company is said to have debts of around 120 million euros. (aum)
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Headquarter of KSR Group in Austria.
Photo: Auto-Medienportal.Net/KSR Group
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