The insolvent motorcycle manufacturer KTM in Mattighofen, according to the Upper Austrian Chamber of Labour, is not paying the 90 percent advance of December wages and salaries early. AK President Stangl expressed his disappointment in a press release on Friday: "There simply is no more handshake quality." Even the salaries and wages for November and the Christmas bonus were not transferred.

December Funds Will Not Be Paid to KTM Employees After All

Originally, KTM had said that they wanted to pay the money before Christmas. The company is "apparently not capable" of doing so, Stangl said. The AK will do everything to ensure that the employees receive their outstanding claims from the insolvency compensation fund as quickly as possible. No one from KTM was initially available for comment.

(APA/Red)

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