The KTM metal foundry Vöcklabrucker Metallgießerei GmbHis now officially the latest victim of the current crisis situation that the Austrian brand is going through. Integrated within the KTM Components subsidiary, this company dedicated to the business sector of manufacturing components for the world of two wheels, will not be able to celebrate its 70th anniversary in 2025. But this is perhaps the least important thing, taking into account the seriousness of the situation.
As we have learned from the report presented by the KSV1870 (an Austrian credit protection association), the 103 workers who made up the company’s staff until now, are literally left on the street and without having received their last paycheck. According to this report, the KTM metal foundry dedicated 50% of its production to the brand itself and the rest to external clients.
KTM metal foundry declared insolvent last December
Fuel on December 13, 2024 when the KTM metal foundry issued a declaration of insolvency before the Austrian courts. Just a few weeks ago it had been the parent company, KTM Components, who had done the same. In any case, Vöcklabrucker Metallgießerei GmbH reported the impossibility of taking over the salaries of the company’s workers.
As the Ride Apart colleagues detail, here it seems that there are two nuclear issues for which the KTM metal foundry has filed for suspension of payments. On the one hand, “the production stoppage planned by KTM Components and KTM AG, which was to begin on December 15, 2024 and last until March 3, 2025, and the resulting massive reduction in sales.”
On the other hand, everything suggests that Vöcklabrucker was out of liquidity even before this situation. It is worth noting that KTM Components had acquired this metal foundry last September 1so it is more than likely that this lack of economic resources was already coming from behind.
Having said all this, the KTM metal foundry has already announced that, unlike other subsidiaries of the brand, it does not plan any restructuring plan or return to activity in the future. The company has a current debt that exceeds 3.5 million eurosso it seems difficult for KTM itself, taking into account its current situation, to end up reviving the company.
Recently, it has been announced that on March 13, 2025, a meeting of creditors of Vöcklabrucker, in Austria, will be held at the Regional Court of Wels, determining after a complete examination the real situation of the company and the possibilities of facing the process. in the best possible way for all parties involved.
