EQS-News: Bajaj Mobility AG (formerly PIERER Mobility AG): Next steps in the restructuring as part of the efficiency program
EQS-News: Bajaj Mobility AG / Key word(s): Restructure of
Company/Restructure of Company
Bajaj Mobility AG (formerly PIERER Mobility AG): Next steps in the
restructuring as part of the efficiency program
13.01.2026 / 20:58 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Corporate News
Mattighofen, January 13, 2026
Bajaj Mobility AG (formerly PIERER Mobility AG): Next steps in the
restructuring as part of the efficiency program
As part of an efficiency program, KTM AG is implementing difficult but
necessary measures to continue the successful new start of 2025 following
the insolvency of KTM AG at the end of 2024. The aim is to sustainably
strengthen competitiveness by reducing fixed costs, streamlining
structures, focusing the product and project portfolio, and optimizing our
international site and leadership network. As part of this necessary
realignment, a reduction of around 500 employees – predominantly in
salaried positions and middle management – is unavoidable. In addition,
the required early warning notifications pursuant to Section 45a of the
Austrian Labor Market Promotion Act (AMFG) will be submitted to the
competent Public Employment Service (AMS). The headcount as of December
31, 2025, amounted to 3,794 employees.
“This reduction in positions is a difficult but necessary decision to
lower our costs, slim down structures, and thereby place the company on a
stable footing for the long term,” said CEO Gottfried Neumeister. “We are
reducing complexity across all areas—for example in our model range, in
IT, and also in the organization of our departments, particularly by
removing one management layer.” All measures are taken with a clear focus
on the Motorcycles segment with the three core brands KTM, GASGAS, and
Husqvarna.
In 2025, the company had already divested its bicycle business with the
sale of FELT Bicycles. The termination of the distribution of CFMOTO and
the sale of MV Agusta and X-Bow marked further milestones in the
realignment. With a smaller core team in the future and significantly
lower structural costs, KTM AG is pursuing its goal of simplification and
focus in order to once again become one of the world’s leading motorcycle
manufacturers.
With Bajaj Auto International Holdings B.V. as a strong majority
shareholder, Bajaj Mobility AG has solid support in accompanying the
rightsizing in Austria and worldwide. This is a clear signal that KTM will
continue to be positioned as a strong international brand. In 2025, KTM
achieved record successes in motorsport with 29 championship titles. With
the consistent implementation of cost reductions, economic improvements
will also be realized in 2026. Customer and dealer confidence in KTM
became clearly evident in the second half of 2025 through inventory
reductions, which were carried out faster than expected due to strong
demand.
About Bajaj Mobility AG (formerly PIERER Mobility AG)
Bajaj Mobility AG (formerly PIERER Mobility AG) is the holding company of
the KTM Group, one of Europe’s leading motorcycle manufacturers. With its
brands KTM, Husqvarna, and GASGAS, KTM AG ranks among Europe’s premium
motorcycle manufacturers. In addition to motorcycles with internal
combustion engines, the product portfolio also includes high-end
components (WP) as well as vehicles with innovative electric drivetrains.
For further information
Investor Relations
Dipl.-Ök. Stephanie Kniep
Tel: +43 664 2896931
E-Mail: [1]ir@bajajmobility.com
Website:[2] https://www.bajajmobility.com
ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974;
Ticker-Symbol: BMAG; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI
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13.01.2026 CET/CEST This Corporate News was distributed by [3]EQS Group
View original content: [4]EQS News
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Language: English
Company: Bajaj Mobility AG
Stallhofnerstraße 3
5230 Mattighofen
Austria
Phone: +43 (0) 7742-6000
Fax: +43 (0)7742-6000300
E-mail: ir@bajajmobility.com
Internet: www.bajajmobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2259548
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of News EQS News Service
2259548 13.01.2026 CET/CEST
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