KTM has borrowed £58.6m from the European Investment Bank to finance research and development projects.
This EIB loan agreement, which has a six-year maturity, is specifically dedicated to projects focused on road safety, fuel consumption, lightweight construction and electric mobility.
To conclude the deal, KTM chief executive Stefan Pierer hosted a visit to his company’s production plant and R&D centre at Mattighofen in Austria by EIB vice president Wilhelm Molterer.