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BIG R&D INVESTMENT FOR KTM

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.

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