Not only KTM is suffering

Insolvency balance sheet

KTM was responsible for three of the five largest company bankruptcies last year. A total of 701 companies slipped into insolvency in Upper Austria.

(Bild: Krone KREATIV/Daniel Scharinger, Adobe Stock)

With debts in the billions, the motorcycle manufacturer KTM, which slipped into insolvency, overshadowed everything in the final weeks of 2024 - and was also the tip of the iceberg of a development. The number of company bankruptcies rose massively in the previous year. Now the fear of domino effects is also growing. Read here to find out where these could strike.

No November salaries and wages for more than 3,600 employees, who are still waiting for the majority of their Christmas bonuses because both will not be transferred by the insolvency compensation fund until the next few weeks - the mega bankruptcy of KTM hit the motorcycle manufacturer's employees with full force. In addition to the tough wait for the payments, the wave of redundancies began just a few days after the opening of insolvency proceedings: 250 people were informed at the beginning of December that they would have to leave ...