KSR back under self-administration
Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
The Krems an der Donau Local Court today lifted the third-party administration proceedings for the Austrian KSR Group and approved the restructuring plan. The creditors' meeting had previously approved the planned restructuring measures. After three and a half months, the management of the two-wheeler importer and manufacturer can act independently again with immediate effect. Over 140 jobs will be saved at the company headquarters in Gedersdorf. According to the company, the number of employees will thus stabilize at the pre-corona level.
Despite the successful completion of the restructuring process, talks are currently underway with potential investors. KSR is also repositioning itself to become more flexible. Austria, Germany, Switzerland, Italy, Greece and Belgium will remain as core markets, while other countries will be handled by importers in future. In future, global sales will focus on the Brixton and Malaguti own brands. In addition to the "Mobility" area, a second economic pillar is to be established with the "Smart Products" sales branch for vacuum robots, solar systems and e-scooters. (aum)
More info for topic: KSR Group , Sanierung
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Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
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Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
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Christian (left) and Michael Kirschenhofer, Managing Directors of the KSR Group.
Photo: Autoren-Union Mobilität/KSR Group
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Headquarter of KSR Group in Austria.
Photo: Auto-Medienportal.Net/KSR Group
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